SOL Now on Fidelity’s Retail Platform as Price Tests $195 While $188 Support Draws Focus

SOL Now on Fidelity’s Retail Platform as Price Tests $195 While $188 Support Draws Focus

Source: CoinDesk

Published:2025-10-25 18:27

BTC Price:$111519

#SOL #Fidelity #Crypto

Analysis

Price Impact

High

Fidelity's addition of sol to its retail platform significantly expands access for eligible u.s. customers, broadening the potential buyer funnel. gemini's solana edition credit card further enhances utility and adoption by offering sol rewards.

Trustworthiness

High

The information is reported by coindesk, a reputable crypto news source, citing direct announcements from fidelity and gemini, and technical analysis from glassnode and coindesk research. these are verifiable and reliable sources.

Price Direction

Bullish

The increased retail accessibility through fidelity and enhanced utility via gemini's credit card are strong fundamental catalysts. while short-term technicals show resistance at $195 and support at $188, the long-term adoption narrative is decidedly bullish for sol.

Time Effect

Long

Expanding access through a major financial institution like fidelity and increasing real-world utility with a credit card are fundamental developments that will drive demand and price appreciation over an extended period as more users enter the ecosystem.

Original Article:

Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email SOL Now on Fidelity’s Retail Platform as Price Tests $195 While $188 Support Draws Focus SOL lands on Fidelity's retail trading platform, Gemini launches the Solana edition of its credit card, and $188 emerges as the key support level to watch. By Siamak Masnavi , CD Analytics | Edited by Aoyon Ashraf Oct 25, 2025, 6:27 p.m. Fidelity and Gemini expand access to Solana (SOL). (Midjourney / Modified by CoinDesk) What to know : Ali Martinez flagged $188 as Solana’s key support, citing data from Glassnode. CoinDesk Research’s model shows resistance near $195, supports around $189–$186, and an intraday pivot near $192.50. Fidelity Digital Assets lists SOL alongside BTC, ETH and LTC for eligible U.S. customers, widening retail access. Solana SOL $ 193.20 traded around $191.95 at 15:45 UTC on Oct. 25, after a push toward $195 faded, with traders watching whether the market can hold the high-$180s and convert $192–$195 into a base. Highlights of the week's Solana news Earlier today, crypto nalyst Ali Martinez called $188 Solana’s most critical support and shared a Glassnode “realized price distribution” chart — a histogram of where large amounts of SOL last changed hands. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Glassnode Chart for Solana (SOL) Showing UTXO Realized Price Distribution (Glassnode) Because a big supply cluster sits near $188, many holders are close to break-even there; such zones often act like floors (holding above them tends to reduce selling, while breaks can invite more supply). On Oct. 23, Fidelity has added SOL for U.S. brokerage customers, broadening access alongside bitcoin BTC $ 111,485.51 , ether ETH $ 3,942.96 , and LTC $ 96.42 . Access changes don’t decide the day’s tape, but they expand the potential buyer funnel. On Oct. 20, Gemini announced a Solana edition of the Gemini Credit Card , which was launched in 2023. The Solana-branded design provides up to 4% back in SOL on gas, EV charging, and rideshare up to a monthly cap, 3% on dining, 2% on groceries and 1% on other purchases, with select merchant offers that can reach 10 percent. The Gemini Credit Card has no annual fee, no fee to receive crypto rewards and no foreign transaction fees. Gemini is also introducing an option to auto-stake Solana rewards directly; staking APRs can change and are not guaranteed. Session overview CoinDesk Research’s technical analysis data model shows SOL edged higher over the prior 24-hour session, traveling about $5.24 ( around 2.7%), with buyers defending $189.25 and sellers showing up near $195. The model’s map: primary support $189.25, secondary $186, and resistance clustered around $195.49, with a nearer intraday shelf near $192.50. Volume and intraday context The largest burst hit 09:00 UTC, when volume rose to 786,000 — about 47% above the 24-hour average (534,000) — as price rejected the $195.16 area and slipped into the $192s. On the 60-minute view, SOL fell from $193.73 to $192.53, with spikes at 14:10 UTC (around 39.9K) and 14:14 UTC (around 41.1K) helping push through $192.50 and set fresh hourly lows. In plain English: $195 behaved like a cap; $192.50 briefly gave way before stabilizing. What to watch next Upside: If SOL closes above $195 (UTC) and holds it, the next area to target is $200–$208. Downside: If SOL falls below $192.50 and stays there, a retest of $189.25 is likely, with $186 next; losing the $189–$188 zone would put $183 in view. CoinDesk 5 Index snapshot (UTC) Over the same window, the CoinDesk 5 Index rose from 1,929.11 to 1,958.10 (about +1.5%), holding above 1,950 after a morning push. Latest 24-hour and one-month chart read As of 15:45–15:46 on Oct. 25, SOL was $191.95 (+0.53% over the period). On the 24-hour chart, $191–$192 acted as an intraday buy zone while $195 capped rebounds. On the one-month chart, SOL has rebounded from mid-October’s low near $175 but remains below early-October highs around $236, keeping focus on reclaiming $200–$208 and then retesting the early-month peak. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . Solana SOL AI Market Insights Technical Analysis Gemini Fidelity More For You OwlTing: Stablecoin Infrastructure for the Future By CoinDesk Research Oct 16, 2025 Commissioned by OwlTing Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent. View Full Report More For You Bitcoin Treasury Firms Now Valued at Less Than Their BTC Holdings Amid Crumbled Sentiment By James Van Straten , AI Boost | Edited by Stephen Alpher 2 hours ago Sector giant Strategy (MSTR) still trades at a premium to its bitcoin stack, but maybe not for long if the trend continues. What to know : Top 20 pure-play bitcoin treasury companies, such as KindlyMD, Strive, and Capital B, are all trading well below a 1x multiple to mNAV as debt risk, weak sentiment, and flat bitcoin prices weigh on their valuations. 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