Solana's price remained stable above $191.45 on October 24, driven by increasing institutional interest. Fidelity has expanded its trading suite to include Solana (SOL) for U.S. investors, marking a significant step in mainstream adoption. Additionally, Hong Kong has approved its first Solana ETF, managed by ChinaAMC, further boosting investor confidence.
In related developments, Solmate Infrastructure's shares soared by 46% following the announcement of an aggressive merger and acquisition strategy. The company also revealed plans to utilize a UAE data center for its validator operations, underscoring its commitment to expanding its infrastructure capabilities.
Solana Price Steady Above $190 as Institutional Interest Grows
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