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Fidelity has quietly made a move that’s turning heads across the crypto space: a new statutory trust called the “ Fidelity Solana Fund ” has been registered through CSC Delaware Trust Company. While the firm hasn't confirmed that this is a step toward a Solana exchange-traded fund (ETF), the timing and context are hard to ignore. With Solana gaining traction as one of the most scalable blockchains and other firms like Franklin Templeton and Volatility Shares ramping up Solana-related products, investors are wondering: Could Fidelity’s entry ignite a massive rally in SOL? While no Solana ETF filing has been made (yet), this statutory trust registration closely mirrors the early moves Fidelity made before launching its wildly successful Bitcoin ETF (FBTC), which now holds $16.5 billion in AUM . Fidelity’s decision to file under a new name — rather than immediately launching a product — suggests a strategic buildup rather than a publicity stunt. In ETF product development, a statutory trust is typically a precursor to a formal SEC filing. Given Fidelity's history and clout, this subtle signal could be the first domino to fall in the next wave of institutional crypto adoption. Solana is no stranger to headlines — it’s fast, cheap, and growing rapidly in developer adoption and DeFi activity . But an ETF would be a game-changer, for two reasons: Historically, ETFs have acted as price catalysts. After the first U.S. Bitcoin ETF approval, BTC rallied over 60% in the following months. Solana could follow a similar trajectory — especially given its lower market cap and faster growth curve. Fidelity isn’t alone. Volatility Shares is launching two Solana futures ETFs next week (SOLZ and SOLT), and Franklin Templeton has proposed an innovative Solana ETF that includes staking rewards as income. Meanwhile, VanEck, Grayscale, ProShares, and others have tried — and failed — to get approval for Solana products. The difference? Fidelity knows how to win with regulators. It succeeded where others didn’t with FBTC. If anyone can get a Solana ETF through the door, it's likely Fidelity. If Fidelity files for a Solana ETF and the SEC shows even mild willingness to consider it, we could see an explosive rally in SOL’s price. Here’s why: In a bullish case, if the ETF hype aligns with broader crypto market momentum, Solana could retest or even surpass its previous ATH within months of an approval. The big hurdle remains the SEC. To date, all Solana ETF proposals have been either ignored or denied. Bloomberg’s James Seyffart pointed out that the SEC has refused to even acknowledge the most recent filings. But with the agency recently greenlighting multiple Bitcoin ETFs, including Fidelity’s, there’s growing pressure to apply the same logic to other large-cap digital assets like Solana. Fidelity’s influence, track record, and legal expertise could finally tip the scales. Here are the key catalysts to track: While nothing is confirmed yet, Fidelity’s “Solana Fund” registration is not a random act. It fits a familiar pattern — one that previously ended in a major ETF approval and billions in inflows. If Fidelity pulls the trigger and the SEC begins to soften on altcoin ETFs, Solana could be the next big winner in the ETF race. If an official ETF filing happens in Q2 2025, SOL could reach $180–$220 within 60–90 days of the announcement, barring a broad market downturn. The Solana ETF race has begun. And Fidelity might just be in the lead.

The concept of dedollarization, where countries reduce their reliance on the U.S. dollar, has potential implications for the cryptocurrency market. Here's a breakdown of how these forces might interact: Understanding Dedollarization: Dedollarization involves nations seeking to diversify their reserve currencies, conduct trade in non-dollar denominations, and reduce their dependence on the U.S. financial system.   Factors driving this trend include: Geopolitical tensions. Concerns about U.S. sanctions.   The desire for greater economic independence.   The rise of alternative economic powers. Potential Effects on the Crypto Market: Increased Demand for Alternative Assets: If countries and institutions seek alternatives to the dollar, cryptocurrencies like Bitcoin, with their decentralized nature, could become more attractive as stores of value or mediums of exchange.   In regions experiencing economic instability or where the dollar's dominance is waning, crypto could offer a hedge against inflation and currency devaluation. Rise of Stablecoins: Stablecoins pegged to other currencies or assets (like gold) could gain prominence as alternatives for international trade and transactions. This could lead to the development of a more diverse stablecoin ecosystem, reducing reliance on dollar-pegged stablecoins. Development of Alternative Financial Systems: Dedollarization could accelerate the development of blockchain-based financial infrastructure for cross-border payments and settlements.   Cryptocurrencies could play a role in facilitating these alternative financial systems, potentially bypassing traditional banking networks. Increased Volatility and Uncertainty: The transition away from the dollar could create volatility in traditional financial markets, which could spill over into the crypto market.   Regulatory uncertainty surrounding cryptocurrencies could also increase as governments grapple with the implications of dedollarization. Central Bank Digital Currencies (CBDCs): Dedollarization is also spurring many nations to investigate and create their own Central bank digital currencies. These CBDC's could have a large impact on the crypto market, depending on how they are created. Depending on how the CBDC's are created, and regulated, they could be in direct competition with existing crypto currencies, or they could have a symbiotic relationship. Key Considerations: The extent to which dedollarization will impact the crypto market is still uncertain. Regulatory developments will play a crucial role in shaping the future of cryptocurrencies in a dedollarizing world. The adoption of cryptocurrencies as viable alternatives to the dollar will depend on their stability, scalability, and widespread acceptance. In essence, dedollarization could create both opportunities and challenges for the cryptocurrency market. While it could drive increased demand for alternative assets and accelerate the development of blockchain-based financial systems, it could also lead to increased volatility and regulatory uncertainty.

How to trade in 6 simple steps: 1️⃣ Go to Markets > Alpha 2️⃣ Tap a token you like 3️⃣ Enter USDT/USDC 4️⃣ Accept disclaimer 5️⃣ Tap Confirm 6️⃣ Track in Alpha History That’s it.

Pro Tips for Using Alpha: ⏱ Prices refresh every 15s ⚙️ Trades are on-chain (gas fees apply) ⚠️ Tokens ≠ listings 📈 Narratives like AI, RWA, Meme Coins show up EARLY

Overall Trend Analysis The charts primarily focus on fund flow analysis for the PI/USDT trading pair. This means we're looking at the volume of buy and sell orders to gauge market sentiment and potential price movement. Key Observations: Dominance of Large Orders: The largest volume of both buy and sell orders comes from the "Large" category. This indicates that significant players (whales, institutions) are driving the market for PI/USDT. Sell-Side Pressure: The "Large" sell orders (18.07M) are slightly higher than the "Large" buy orders (16.81M). This suggests some selling pressure from larger holders. Small Order Sell Bias: Small sell orders (671.56K) significantly outweigh small buy orders (408.58K), indicating potential retail investor profit-taking or a lack of confidence in the short term. 5-Day Net Inflow Negative: The 5-day large order net inflow is negative (-25248804). This implies that over the past 5 days, large sell orders have significantly exceeded large buy orders, suggesting a bearish trend. 24-Hour Net Inflow Positive but Volatile: The 24-hour net inflow shows positive values in the last 24 hours, but there's significant volatility. This could indicate short-term buying interest but with uncertainty. Where Do the Remaining Orders Go? The "remaining" orders after the deduction of buy and sell don't "go" anywhere in a physical sense. Instead, they are reflected in the price movement of PI/USDT. Here's how it works: Order Book Matching: When you place a buy or sell order, it goes into the exchange's order book. The exchange's matching engine tries to find a corresponding order (sell for buy, buy for sell) at the same price. Price Impact: If there are more buy orders than sell orders at a given price, the price tends to rise as buyers compete to get their orders filled. Conversely, if there are more sell orders than buy orders, the price tends to fall. Unfilled Orders: Any unfilled portion of your order remains in the order book until it's either filled or canceled. Market Makers: Market makers play a crucial role in providing liquidity by placing both buy and sell orders. They profit from the spread (the difference between the buy and sell price). In the context of the charts: The net inflow (buy minus sell) reflects the overall buying or selling pressure. A negative net inflow (like the 5-day) means there's more selling, pushing the price down. A positive net inflow (like parts of the 24-hour) means there's more buying, potentially pushing the price up. Important Note: Fund flow analysis is just one piece of the puzzle. It's essential to consider other factors like technical analysis, news sentiment, and overall market conditions when making trading decisions. disclaimer : don't agree with me do your investment at your own research and risk.