Fidelity Unlocks Solana, Adds Crypto Asset To Trading and Custody Platform
The $5.8 trillion asset giant Fidelity just launched Solana ( SOL ) trading and custody services on its platform.
The move opens direct buy, sell and hold options for millions of US clients.
Solana now joins Fidelity’s original lineup of Bitcoin, Ethereum and Litecoin, allowing everyday users to trade the smart contract token via the Fidelity app and website, right next to stocks and ETFs.
There are zero commissions to trade, although a 1% spread covers costs.
IRAs can now get in as well, and retirees can now stash SOL in Fidelity’s tax-advantaged accounts, which launched in April of this year.
Fidelity is an early supporter of Bitcoin, and began mining the crypto asset back in 2015.
The firm is also a spot crypto ETF pioneer, with $22 billion in Bitcoin funds and $3 billion in Ethereum.
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DASH Aster DEX Listing: Driving DeFi Advancement and Broadening Liquidity
- Aster DEX's 2025 listing bridges centralized and decentralized markets via HTX/Binance.US integration, boosting DeFi accessibility through multi-chain support on BNB Chain, Ethereum , and Solana . - Its yield-collateral model offers 5-7% returns on assets like asBNB while trading, combined with 1001x leverage in "Simple Mode," disrupting traditional DeFi's yield-trading dichotomy. - TVL surged to $17.35B post-listing, driven by institutional/retail confidence in cross-chain efficiency, though $151M 24-ho
Solana's Upcoming Growth: The Impact of Enhanced Scalability and Institutional Interest on SOL's Price Movement
- Solana (SOL) processed 543M weekly transactions in Nov 2025, with $29B DEX volume surpassing Ethereum's $15.9B. - Technical upgrades like Firedancer and Alpenglow boosted TPS to 65,000, sub-150ms latency, and 20% block capacity growth. - Institutional adoption surged via SEC-approved ETFs (BSOL/GSOL) and partnerships with Western Union (USDPT) and Coinbase Custody. - Analysts project SOL to reach $450-$1,000 by 2030, driven by enterprise scalability and $2B+ staked assets. - Risks include regulatory unce
XRP Holds $2.26 Support as 12-Month Accumulation Structure Stays Intact
Trending news
MoreCrypto prices
More
