Solana Records Major Network Growth as SOL Price Shows Bullish Signals

Solana is gaining traction in financial markets as Fidelity highlights its expanding role in on-chain trading and tokenized assets. The network’s growing activity strengthens its position as emerging financial infrastructure. Meanwhile, the SOL price faces technical pressure near descending channel support, with traders watching for a potential recovery or further downside. Solana is gaining recognition in financial markets after a new report from Fidelity Digital Assets highlighted its growing role in on-chain trading. The report, titled Solana’s Competitive Advantage in Onchain Trading, examined the network’s trading activity and expanding financial ecosystem. Its findings show a significant increase in Solana’s share of major U.S. exchange activity. According to the report, Solana now represents approximately 15% of the trading activity across major U.S. exchanges, compared with just 0.30% in 2022.

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