SOL Debuts on Fidelity’s Retail Platform, Trades Near $195 With $188 Level in Focus

Solana Added to Fidelity’s Retail Platform as $188 Support Becomes Key Technical Level

Solana (SOL) traded around $191.95 at 15:45 UTC on Oct. 25, pulling back from an earlier push toward $195 as traders assessed whether the market could hold the $188–$192 zone and convert it into new support.

Key Developments

Fidelity Expands Retail Access
On Oct. 23, Fidelity added Solana (SOL) to its U.S. retail trading platform, joining bitcoin (BTC), ether (ETH), and litecoin (LTC). While not an immediate catalyst, the listing broadens Solana’s reach among mainstream investors.

Gemini Unveils Solana Credit Card Edition
Gemini launched a Solana-branded version of its Gemini Credit Card on Oct. 20, offering up to 4% back in SOL on gas, EV charging, and rideshare purchases, 3% on dining, 2% on groceries, and 1% elsewhere. The card includes no annual fee or foreign transaction charges and introduces auto-staking for Solana rewards.

Technical Picture

Crypto analyst Ali Martinez identified $188 as Solana’s most critical near-term support based on Glassnode’s realized price distribution data, showing heavy accumulation near that level. Breaches below it could trigger additional selling pressure.

CoinDesk Research’s data model shows primary support at $189.25, secondary at $186, and resistance around $192.50–$195.49. Volume spiked 47% above average during the attempt to clear $195, confirming active participation but also profit-taking at higher levels.

Outlook

With new integrations from Fidelity and Gemini, Solana’s mainstream presence continues to grow. For traders, $188 remains the line in the sand — a defense there could set the stage for renewed upside momentum toward $200.

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