Fidelity Solana Fund (FSOL)
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Where Will Solana Be in 5 Years?
Yahoo Finance· 2025-12-28 17:08
Core Insights - Solana blockchain is recognized for being cheaper, faster, and more eco-friendly compared to Bitcoin and Ethereum, although it still trails behind in price, trading volume, and market capitalization [1] Group 1: Institutional Integration - Solana has seen significant integration within financial markets, particularly in the institutional sector, with at least six exchange-traded products (ETPs) launched in 2025, featuring Solana as the underlying asset [2] - The first-ever Spot Solana ETP, BSOL, launched by Bitwise on October 28, achieved 33 consecutive days of positive inflows, exceeding $647 million by December 16 [2] - Fidelity introduced the Fidelity Solana Fund (FSOL) in mid-November, followed by Charles Schwab's launch of Solana futures for both institutional and retail investors a month later [2] Group 2: Revenue Growth and Market Position - Solana is projected to surpass Ethereum in annual revenue, with estimates of $1.4 billion for Solana compared to $522 million for Ethereum [5] - Predictions for Solana's price by 2030 include a bearish target of $1,004, an average target of $1,042, and a bullish target of $1,258, indicating potential for significant gains in the next five years [5] Group 3: DeFi Integration - Solana has enhanced its presence in the DeFi space, exemplified by Hex Trust's launch of Wrapped XRP (wXRP) on December 12, which is a 1:1-backed token that mirrors the price of XRP on the Solana blockchain [4]
X @Solana
Solana· 2025-11-24 17:59
ETFs - Four new Solana ETFs listed, expanding institutional access [1] - Fidelity launched Fidelity Solana Fund (FSOL) on NYSE [1] - VanEck debuted VanEck Solana ETF (VSOL) on Nasdaq with built-in staking [1] - Canary Funds launched Canary Marinade Solana ETF (SOLC) on Nasdaq [1] - 21Shares launched the Solana ETF (TSOL) on CBOE [1] - BitwiseInvest's BSOL ETF surpassed $500 million in AUM [1] - Solana ETFs recorded 19 straight days of inflows with $127.9 million entering this week [1] RWA & Ecosystem Growth - Sunrise_DeFi debuts Solana's first ever day one listing of any assets with Monad [1] - Solsticefi's USX stablecoin scaled to $300 million in TVL [1] - HastraFi announced DeFi-ready RWAs with Figure [1] - MarinadeFinance introduced SOL staking with USDG stablecoin rewards [1] - Loopscale RWA USDG Vault surpassed $10 million in 1 week post launch [1]