According to @Ashcryptoreal, Hong Kong’s first-ever spot Solana (SOL) ETF will start trading tomorrow, as stated in a public post on X dated Oct 26, 2025. Source: @Ashcryptoreal on X, Oct 26, 2025. According to @Ashcryptoreal, the post does not provide issuer, ticker, ISIN, or specific listing venue details for the SOL ETF, indicating that official confirmations are not included in the announcement. Source: @Ashcryptoreal on X, Oct 26, 2025. According to @Ashcryptoreal, the timing language of “tomorrow” in the Oct 26 post implies a potential listing in the next Hong Kong trading session after that date, pending official identifiers and notices. Source: @Ashcryptoreal on X, Oct 26, 2025.

According to the source, crypto is emerging as a 2025 treasury theme, aligned with the new U.S. accounting standard that moves crypto assets to fair value through net income for fiscal years beginning after December 15, 2024, potentially reducing reporting frictions for corporate holdings, source: Financial Accounting Standards Board, ASU 2023-08. For trading, the largest disclosed on-balance-sheet exposure remains BTC, with MicroStrategy reporting over 200,000 BTC in 2024 filings and Tesla retaining about 9,720 BTC in its 2024 10-Q, indicating multi‑billion‑dollar corporate holdings that can tighten supply and heighten sensitivity around earnings and treasury updates, sources: MicroStrategy Form 8-K and Q3 2024 filings; Tesla Form 10-Q Q3 2024. Direct ETH and SOL corporate treasury disclosures are still limited, while listed vehicles such as the Grayscale Ethereum ETF (converted from ETHE) hold multi‑billion AUM and European Solana ETPs like 21Shares ASOL and VanEck VSOL manage hundreds of millions, influencing spot liquidity via creations and redemptions, sources: Grayscale fund materials 2024; 21Shares and VanEck Solana ETP reports 2024.

According to Santiment, the top Solana ecosystem projects by development activity in the latest monthly snapshot are 1) Solana (SOL), 2) Wormhole (W), 3) Drift (DRIFT), 4) Swarms (SWARMS), 5) Pyth (PYTH), 6) Helium IOT (IOT), 7) Jito (JTO), 8) Orca (ORCA), 9) Marinade (MNDE), and 10) Metaplex (MPLX). Source: Santiment on X, Oct 26, 2025. According to Santiment, month-over-month direction indicators show risers for Drift (DRIFT), Swarms (SWARMS), and Orca (ORCA); decliners for Pyth (PYTH) and Metaplex (MPLX); and unchanged positions for Solana (SOL), Wormhole (W), Helium IOT (IOT), Jito (JTO), and Marinade (MNDE). Source: Santiment on X, Oct 26, 2025. According to Santiment, rankings are derived objectively from enhanced GitHub event data following its published methodology. Source: Santiment methodology article referenced in the X post on Oct 26, 2025. According to Santiment, this snapshot offers a data-driven view of development momentum across Solana ecosystem tokens that traders can monitor when building watchlists for SOL, W, DRIFT, SWARMS, PYTH, IOT, JTO, ORCA, MNDE, and MPLX. Source: Santiment on X, Oct 26, 2025.

According to @sns on X (Oct 26, 2025), Solana Accelerate APAC has brought builders, creators, and .sol name communities together in Hangzhou under one roof, and the post did not disclose any token, partnership, or market announcements (source: @sns on X, Oct 26, 2025).

According to @Andre_Dragosch, institutional positioning in the current cycle is increasingly concentrated in BTC, ETH, and SOL, with surveys indicating investors are focusing on these three assets, reflecting a winner-takes-all market structure; source: X post on Oct 26, 2025, https://twitter.com/Andre_Dragosch/status/1982395370656203230. For traders, this concentration suggests liquidity and volume will cluster around BTC, ETH, and SOL, making these majors relatively more attractive for allocation versus smaller alts; source: @Andre_Dragosch on X, Oct 26, 2025, https://twitter.com/Andre_Dragosch/status/1982395370656203230. Practical positioning: prioritize exposure to BTC, ETH, and SOL, consider pairs trades long majors versus a broad alt basket, and monitor BTC/SOL dominance and alt breadth for rotation risk as flows remain concentrated; source: @Andre_Dragosch on X, Oct 26, 2025, https://twitter.com/Andre_Dragosch/status/1982395370656203230.

According to @PANewsCN, Pump.fun’s cumulative PUMP buybacks since July 15 total 763,530 SOL valued at 151,641,929 dollars, based on fees.pump.fun data, indicating substantial on-chain repurchases in SOL terms (source: @PANewsCN; fees.pump.fun). The program has reduced PUMP’s total circulating supply by 9.492% over the period, reflecting a material contraction in available float for trading (source: @PANewsCN; fees.pump.fun). In the last 24 hours, Pump.fun spent 5,961 SOL, about 1,153,308.59 dollars, to repurchase 282.1 million PUMP, highlighting the ongoing pace of daily buybacks (source: @PANewsCN; fees.pump.fun). Traders can use the reported reduction in float and the cumulative SOL outlay to gauge buy-side flow and liquidity conditions for PUMP on Solana, with real-time monitoring available via fees.pump.fun (source: @PANewsCN; fees.pump.fun).

According to @AltcoinGordon, a whale wallet holding over $12M in SOL has been accumulating $BULLISH, flagging concentrated buying interest within the Solana ecosystem (source: @AltcoinGordon on X, Oct 26, 2025). Traders should treat this as an unverified signal and independently confirm wallet flows and token accumulation before acting, including checking top holders, recent net inflows, and pool depth for $BULLISH on Solana DEXs (source: @AltcoinGordon on X, Oct 26, 2025). For trade execution, verify slippage at different order sizes on Raydium/Orca, monitor liquidity changes, and set alerts for large wallet movements tied to $BULLISH to avoid chasing illiquid spikes (source: @AltcoinGordon on X, Oct 26, 2025).

According to @lookonchain, the address labeled Ax6Yh7 purchased another 44,000 SOL (about $8.37M) roughly 10 hours before the Oct 25, 2025 post. Source: Lookonchain on X, Oct 25, 2025. Since April 30, the same whale has accumulated a total of 844K SOL (about $149M) via FalconX and Wintermute and staked the holdings, with the wallet activity viewable on the Arkham Intelligence explorer. Source: Lookonchain on X; Arkham Intelligence explorer. Staked SOL requires deactivation before it becomes transferable, which limits immediately tradable supply while staked. Source: Solana documentation on staking and stake activation/deactivation.

According to @EmberCN, a single address increased OTC accumulation of Solana (SOL), purchasing 249,500 SOL (about $46.78M) over the past 4 days via FalconX and Wintermute; source: X post by @EmberCN https://twitter.com/EmberCN/status/1981883413511774596. According to @EmberCN, the address has accumulated 827,000 SOL (about $146M) since late April and staked the entire amount at an average purchase price of $177; sources: X post by @EmberCN https://twitter.com/EmberCN/status/1981883413511774596 and Arkham address explorer https://intel.arkm.com/explorer/address/Ax6Yh73Y5exFQXepUcTdbvEErbzgRjun2xPBiJyDAQXU. The tracked address for verification and ongoing monitoring is provided here; source: Arkham address explorer https://intel.arkm.com/explorer/address/Ax6Yh73Y5exFQXepUcTdbvEErbzgRjun2xPBiJyDAQXU.

According to @FarsideUK, the Solana ETF Daily Flow for SSK (REX-Osprey) was 1.5 million US dollars on Oct 25, 2025. Source: twitter.com/FarsideUK/status/1981881367089586538 Farside Investors directs readers to its Solana ETF dashboard for the complete dataset and methodology disclaimers at farside.co.uk/sol/. Source: farside.co.uk/sol/

According to @AltcoinGordon, SOL is set to 'break out to unreasonable heights,' signaling an aggressive bullish stance that could elevate near-term speculative interest and price volatility in Solana (source: @AltcoinGordon on X, Oct 23, 2025). According to @AltcoinGordon, the post frames recent sellers as having capitulated and labels them 'NGMI,' a sentiment pattern often associated with momentum-driven breakout narratives and late-stage shakeouts that can attract trend-following flows (source: @AltcoinGordon on X, Oct 23, 2025). According to @AltcoinGordon, no price targets, timeframes, or risk parameters were provided, so traders should treat this as a sentiment signal and seek confirmation via objective triggers such as a decisive break above recent range highs with rising spot volume and tight risk controls (source: @AltcoinGordon on X, Oct 23, 2025). According to @AltcoinGordon, the call is opinion-based rather than data-backed, so monitoring SOL order-book imbalances, funding rates, and whether spot leads perps can help validate or fade the move before committing capital (source: @AltcoinGordon on X, Oct 23, 2025).

According to @EmberCN, a Solana investor who received 1,000,000 SOL in 2020 sold the final 743,000 HYPE for 28.21 million dollars, closing a 10-month HYPE trade with 23.83 million dollars in realized profit (source: @EmberCN on X). According to @EmberCN, the entity bridged 93.64 million USDC from the HYPE exit back to Solana and purchased 502,900 SOL at an average price of 186.2 dollars (source: @EmberCN on X). According to @EmberCN, current holdings total 1.496 million SOL, valued around 280 million dollars, composed of the original 1,000,000 SOL, 368,000 SOL from five years of staking rewards, and 127,900 SOL attributable to the HYPE investment gains (source: @EmberCN on X). According to @EmberCN, the trade path was: late 2024 sale of 375,000 SOL for about 70 million dollars to buy 2.52 million HYPE at 27.7 dollars, followed by a full HYPE exit in recent days at a 36.5 dollar average, then rotating all proceeds back into SOL (source: @EmberCN on X). According to @EmberCN, the source shared two SOL addresses for tracking flows and balances: FY6zvb4dPcJSmcEFHPER48gz2ceiFNqm7jHQuFzYRvqt and 6b7cUH2SMFEC41FmCPusLtDzcUB8Fb8zZuYNFHp2b3wW (source: @EmberCN on X). According to @EmberCN, key on-chain reference levels from this flow are HYPE entry at 27.7 dollars, HYPE exit at 36.5 dollars, and SOL re-entry at 186.2 dollars, with 93.64 million USDC deployed into SOL (source: @EmberCN on X).

According to @TATrader_Alan, Solana (SOL) on the 4-hour chart is nearing a bullish crossover on the MACD and has rebounded off the support trendline, source: @TATrader_Alan on X. The analysis highlights the 4-hour MACD signal and the support trendline as key technical references for near-term momentum assessment, source: @TATrader_Alan on X.

According to @PANewsCN, Solana Foundation President Lily Liu said Solana’s vision is to serve as the base technology for internet finance by integrating all asset classes and use cases to enable broad tokenization and marketization, source: @PANewsCN. According to @PANewsCN, Liu reported that Solana’s ecosystem is advancing across network, application, and asset layers, with Q1 2025 average daily usage surpassing the combined total of all other public chains by 2–3x, source: @PANewsCN. According to @PANewsCN, Solana’s current throughput exceeds 1,000 TPS with typical transaction fees around 0.0005 USD, approaching the performance levels of traditional financial networks like Visa and NASDAQ, source: @PANewsCN. According to @PANewsCN, in 2024 the Solana ecosystem attracted 7,500 developers, generated 3.3 billion USD in application revenue, and raised a cumulative 8.9 billion USD across the ecosystem, source: @PANewsCN. According to @PANewsCN, Liu emphasized focus areas for builders include payments, DePIN, and AI, with a push to deepen collaboration with Chinese-speaking developers, reinforcing Solana’s positioning as next-generation global financial infrastructure, source: @PANewsCN.

According to @EmberCN, a whale/institution that received 991,000 SOL four years ago and unlocked in April moved 100,000 SOL (about $18.11M) to Binance roughly 20 minutes ago; source: X post https://x.com/EmberCN/status/1981171455770743248, Arkham on-chain data https://intel.arkm.com/explorer/address/7VMTVroogF6GhVunnUWF9hX8JiXqPHiZoG3VKAe64Ckt. Since the April unlock, the address has transferred 515,000 SOL (about $93.97M) to Binance in batches at an average price of $182.4; source: @EmberCN on X https://x.com/EmberCN/status/1981171455770743248, Arkham address intel https://intel.arkm.com/explorer/address/7VMTVroogF6GhVunnUWF9hX8JiXqPHiZoG3VKAe64Ckt. The wallet still holds 828,000 SOL (about $150M) and has accrued 352,000 SOL in staking rewards over four years; source: @EmberCN on X https://x.com/EmberCN/status/1981171455770743248, Arkham on-chain data https://intel.arkm.com/explorer/address/7VMTVroogF6GhVunnUWF9hX8JiXqPHiZoG3VKAe64Ckt.

According to @FarsideUK, the Solana ETF SSK (REX-Osprey) recorded $0 million in net daily flow on Oct 23, 2025, based on its Solana ETF flow tracker and tweet source. According to @FarsideUK, a $0 million reading on its dashboard indicates no net creations or redemptions for the day, implying neutral primary-market activity for that fund. According to @FarsideUK, this neutral flow suggests no incremental ETF-driven demand or supply for SOL on the day, making subsequent flow updates on its Solana ETF dashboard key for tracking potential momentum shifts.

According to the source, Osprey Funds has submitted a Form S-1 to the U.S. SEC to register a Solana (SOL) exchange-traded fund, signaling intent to launch a spot crypto ETF pending regulatory review (source: U.S. SEC Form S-1, Division of Corporation Finance guidance). For any spot crypto ETF to list and trade, the SEC must declare the S-1 effective and the listing exchange must obtain approval of a related Rule 19b-4 proposal, as was the case for spot Bitcoin ETFs approved on January 10, 2024 (source: U.S. SEC, Division of Trading and Markets; source: U.S. SEC Order approving spot Bitcoin ETF exchange rule changes, Jan 10, 2024). The SEC has previously alleged that SOL is an unregistered security in federal enforcement complaints, which may influence review scope and timing relative to BTC spot ETFs and thus near-term trading conditions for SOL (source: U.S. SEC v. Coinbase, June 6, 2023; source: U.S. SEC v. Binance, June 5, 2023). Traders should verify the filing on SEC EDGAR, monitor any 19b-4 submissions, and watch for SEC comment letters and status updates that can move SOL spot, perp funding, and options implied volatility around key deadlines (source: U.S. SEC EDGAR; source: U.S. SEC Filing Review Process).

According to the source, a claim is circulating that Solana throughput was unaffected during an AWS outage; traders should seek confirmation from the Solana Foundation or the official Solana Status page before positioning on this narrative (sources: Solana Foundation; Solana Status). For validation, monitor real-time TPS, finalized blocks, and slot confirmations on Solana Beach and validators.app, and cross-check against the AWS Service Health Dashboard incident timeline to gauge any regional impact correlation (sources: Solana Beach; validators.app; AWS Service Health Dashboard). Until an official post-mortem is published, track SOL perps funding, basis, and open interest on major venues and liquidity conditions around SOL spot to manage risk and potential volatility spillovers (sources: Binance; Bybit; OKX; CoinGecko).

According to @EmberCN, an investor/institution with a 1,000,000 SOL allocation sold 675,000 HYPE in the last 4 hours for $23.44M USDC and purchased 126,900 SOL on Solana, source: @EmberCN. According to @EmberCN, across the last 3 days the wallet sold a cumulative 1,817,000 HYPE for $65.43M USDC at a $36 average sale price, and bridged the proceeds to buy a total of 350,000 SOL at a $186.5 average fill, source: @EmberCN. According to @EmberCN, the wallet still holds 743,000 HYPE valued at $26.12M, and the related addresses are hypurrscan.io/address/0x3c238634776662eae51dbb98ff7b624eb4cb5789, hypurrscan.io/address/0xa7067e68855944b6997d01a4b80b348fa47bfa5e, and intel.arkm.com/explorer/address/5XgbLyoMBCeEm73y5JBcFDFn9GqtwumY88uBvZUxaabW, source: @EmberCN; hypurrscan.io; intel.arkm.com. According to @EmberCN, the observed flow reflects net spot purchases of 350,000 SOL financed by HYPE sales totaling $65.43M USDC, offering trackable rotation flows for traders via the listed on-chain addresses, source: @EmberCN; hypurrscan.io; intel.arkm.com.

According to @rovercrc on X, Hong Kong has approved a Solana (SOL) spot ETF in a breaking post dated Oct 22, 2025 (source: @rovercrc on X). The post from @rovercrc does not include an official Hong Kong SFC authorization notice, an HKEX listing circular, or an issuer announcement naming the fund and ticker, leaving the claim unverified (source: @rovercrc on X). Traders should wait for confirmation via an SFC authorization notice, an HKEX listing announcement, or a prospectus from the issuer before acting on the headline attributed to @rovercrc (source: @rovercrc on X).