
Chart: https://www.gate.com/trade/SOL_USDT
Solana (SOL) is currently trading against USDT in the $198–$201 range. Over the past 24 hours, SOL has seen a slight decrease of about 1%. However, it has posted a 6% gain over the week, outperforming most major cryptocurrencies.
Solana is on the verge of its Alpenglow upgrade, which has received strong community approval. This upgrade is expected to significantly reduce block confirmation times and could further increase SOL’s price. Meanwhile, the combined market cap of real-world asset (RWA) projects on Solana has surpassed $500 million. Although momentum is building across the ecosystem, short-term prices have pulled back slightly due to profit-taking.
The U.S. Securities and Exchange Commission (SEC) is expected to issue final decisions on several altcoin ETFs, including Solana, by October 2025. If approved, these ETFs could trigger concentrated inflows from institutional investors, providing strong price support.





