
Fidelity Reaffirms Positive Outlook on Solana
- —Fidelity, a $7.8 trillion asset manager, reaffirmed its positive view on Solana
- —Solana settles transactions in about 13 seconds versus 1-2 days for cards
- —Alpenglow technology targets 150ms finality
- —The report cites growing adoption in payments and tokenized assets
Why it matters: A bullish call from a major institutional manager could draw more institutional attention to SOL and support demand for the asset.
Source: Coinfomania
More on this
Markets · Oct 15Fidelity says Bitcoin momentum turned positive, but $760M left US spot ETFs since Oct 7
Markets · Oct 15Fidelity says Bitcoin momentum has flipped positive as trend and volatility improve
Markets · Oct 4BlackRock's IBIT Pulled In $196M in a Day as Fidelity's FBTC Logged Just One Positive Day All Week