October 28, 2025 - Solana News Update
Update: 2025-10-28
Description
October 28, 2025: Bitwise Solana Staking ETF debuts with strong performance, recording $55M trading volume on its first day and $223M in assets under management. Western Union announces plans to launch USDPT stablecoin on Solana network, expanding utility. As the first Solana ETF goes live, analysts debate SOL's price potential while projections indicate Solana ETFs could attract $6B in their inaugural year. The ETF launch positions Solana among major digital assets, signaling growing institutional adoption and market confidence in the ecosystem's long-term viability. Powered by LabCat AI research tools.
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