- Solana maintains key support levels amid mid-term holder sell-off.
- Institutional interest sustains as ETF applications rise.
- Network improvements bolster Solana’s scalability and adoption.
Solana holds key support levels amid significant selling from mid-term holders as of October 2025, sparking discussions about its breakout potential within the cryptocurrency community.
The holding of key support by Solana amidst selling pressures suggests resilience, with potential implications for market stability and the network’s long-term growth.
Solana holds key support levels following significant sell-offs by mid-term holders. The network’s underlying strength and institutional adoption continue to fuel bullish sentiment. Solana co-founders Anatoly Yakovenko and Raj Gokal remain focused on driving technological upgrades and ecosystem expansion.
Yakovenko and Gokal have not issued major network outage warnings recently, emphasizing the blockchain’s resilience and high throughput. GitHub activity reveals steady advancement in scalability and DeFi efforts, suggested by ongoing commits under “solana-labs/solana.”
Solana’s network saw a surge in total value locked to $12-14B by October 2025, showing substantial growth from 2024 levels. Developments like Firedancer and Alpenglow upgrades enhance its scalability and improve transaction finality.
Yakovenko noted in a recent statement, “Solana throughput and user adoption have exceeded even our targets post-Firedancer. The network is ready for institutional scale.” Increasing regulatory clarity regarding liquid staking tokens supports institutional products like ETFs. Over 13 million SOL are now held by corporations, reinforcing Solana’s institutional credibility and appeal to investors.
Potential positive impacts include Solana’s rising daily active addresses, reaching 22.44 million, and its high throughput of up to 125,000 TPS following upgrades. These developments suggest further growth in adoption and network utility.
Long-term financial projections for Solana indicate significant potential as market dynamics mirror the Ethereum bull run. A continued focus on scalability and reduced token inflation could enhance Solana’s market position and yield benefits.
