Solana Price Outlook: Is Fidelity's Expansion Fueling an Overhyped Market Reaction?

Fidelity has officially added Solana (SOL) to its crypto offerings as of October 23, 2025, joining Bitcoin, Ethereum, and Litecoin on one of Wall Street's largest brokerage platforms. The move marks a major expansion for Fidelity's digital asset lineup-but while investors cheer the news, some analysts warn the market might be getting ahead of itself.

Could Fidelity's Backing Signal a More Mature Phase for Solana?

Fidelity is doubling down on institutional-grade crypto infrastructure, emphasizing audited custody, insured storage, and controlled settlements - features designed to earn the trust of both professional and retail investors.
This move comes as Solana gains traction in tokenization and liquidity markets. Its fast transaction speeds and expanding developer base keep it in the spotlight, though analysts caution that derivatives data shows an uptick in leveraged positions.
Skeptics still point to Solana's history of network outages as a potential risk. Yet Fidelity's inclusion of SOL represents another major step toward mainstream legitimacy.
Ultimately, whether Solana sustains its recent rally will depend on how investor confidence balances against its volatile track record. Following the announcement, SOL traded near $190, now available across all Fidelity platforms - from retail and IRA accounts to institutional clients - alongside Bitcoin, Ethereum, and Litecoin.

Solana Price Prediction: Is the Current Consolidation a Launchpad or a Warning Sign?

According to CoinGecko, Solana traded between $189 and $191 in the past 24 hours, with a market cap around $104 billion - a 5.5% gain following Fidelity's listing.
CoinGlass data shows open interest just below $9 billion and daily futures volume exceeding $20 billion, signaling a surge in leveraged activity. Analysts believe the spike reflects traders reacting to the news rather than a sustained breakout.

Crypto analyst Daan Crypto noted that volatility has cooled since the sharp move on October 10. SOL is now consolidating between key support at $170-$175 and resistance around $195-$200. The token hovers near its 200-day Moving Average (MA) and Exponential Moving Average (EMA), both critical markers for long-term trend momentum.
Price action shows a tightening range with lower highs and higher lows, suggesting compression as volatility fades. SOL appears to be stabilizing in the $175-$180 zone, where the 200-day MA has provided solid support multiple times this month. Daan emphasized that holding above $170-$175 is essential to avoid further downside pressure.
On the upside, strong resistance persists around $195-$200, near the 200-day EMA and the neckline of a potential double-bottom formation. A clear breakout above this level could open the path toward $210-$215 - the same zone that faced heavy selling earlier in October.
Trading volume has cooled in recent days, aligning with Daan's observation that volatility is tapering as SOL seeks equilibrium.
At this stage, Solana remains in a neutral zone. Its moving averages are flattening, signaling paused momentum. The next decisive move - a breakout above $200 or a breakdown below $175 - will likely define whether SOL's consolidation becomes the base for another rally or the start of a deeper correction.

PepeNode: Virtual "Mine-to-Earn" Concept Gains Momentum

While Solana consolidates, investors are turning their eyes toward PepeNode -https://pepenode.io, one of the year's more creative presale stories in the meme-coin sector.

Instead of offering standard staking or yield farming, PepeNode introduces a "virtual mine-to-earn" system - users can purchase and upgrade virtual nodes to generate rewards in PEPENODE - https://pepenode.io - tokens.
The project's premise combines gamified DeFi with a deflationary token model: 70% of tokens used for upgrades are burned, creating scarcity while rewarding participation. Its presale has reportedly surpassed $1.9 million, a sign of growing retail enthusiasm.
Though PepeNode is not a Solana infrastructure project - it's primarily Ethereum-based - it captures the same narrative momentum driving blockchain innovation: accessible participation, token utility, and community-driven economics.
If the team delivers on its roadmap and user base expands, the token could evolve from a speculative meme into a functioning digital economy around virtual nodes.
In short, while Solana's consolidation tests traders' patience, projects like PepeNode show how new ideas continue to fuel optimism and experimentation in the broader crypto market.

Buchenweg 15, Karlsruhe, Germany

For more information about Pepenode (PEPENODE) visit the links below:

Website: https://pepenode.io/
Whitepaper: https://pepenode.io/assets/documents/whitepaper.pdf
Telegram: https://t.me/pepe_node
Twitter/X: https://x.com/pepenode_io

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice.

CryptoTimes24 is a digital media and analytics platform dedicated to providing timely, accurate, and insightful information about the cryptocurrency and blockchain industry. The enterprise focuses on delivering high-quality news coverage, market analysis, project reviews, and educational resources for both investors and enthusiasts. By combining data-driven journalism with expert commentary, CryptoTimes24 aims to become a trusted global source for emerging trends in decentralized finance (DeFi), NFTs, Web3 technologies, and digital asset markets.

This release was published on openPR.