💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Fidelity Expands into Solana: $500M Investment Signals Bullish DeFi Outlook
Fidelity, a global asset management giant, has deepened its crypto presence by expanding into Solana, allocating $500 million to invest in SOL-based projects and infrastructure. This move positions Solana as a key player in DeFi’s $150 billion+ TVL ecosystem.
Strategic Investment in Solana’s Ecosystem
Fidelity’s investment targets Solana’s high-throughput blockchain, known for sub-second finality and 65,000 TPS. The firm aims to back dApps, NFT marketplaces, and DeFi protocols like Meteora, leveraging Solana’s low fees (under $0.01) for scalable growth. This follows Fidelity’s $4.8 billion Bitcoin ETF success, signaling confidence in Solana’s $11 billion+ TVL and 1,000+ developer ecosystem.
Market Impact and Sentiment
Solana’s SOL surged 4% to $196 post-announcement, with 24-hour volume hitting $3.2 billion. The investment aligns with ETF filings and institutional optimism, with 67% of surveyed investors bullish per Coinbase reports. Social sentiment on X is 75% positive, per LunarCrush, as Solana’s “Suola La” branding boosts Asian adoption.
2025 Outlook: $200-$500 SOL Consensus
Analysts forecast SOL reaching $200-$500 by year-end. Changelly predicts $192-$194; CoinDCX $250-$270. Finder eyes $482 on Alpenglow upgrades. Bull catalysts: Fidelity’s backing and RWA tokenization; bear risks: tariffs testing $165 support.
For investors, how to buy Solana via compliant exchanges ensures entry. How to sell Solana and how to cash out Solana offer liquidity. Sell Solana for cash and convert Solana to cash enable fiat conversions.
In summary, Fidelity’s Solana expansion fuels a bullish 2025 trajectory, blending institutional capital with DeFi innovation.