Solana Gains Fidelity Retail Access, Price Hovering Below $195 as Market Eyes $188 Floor

Solana Added to Fidelity Retail Platform as Traders Monitor $188 Support Zone

Solana (SOL) hovered around $191.95 late on Oct. 25 after briefly testing the $195 mark, with traders watching whether the token can maintain footing in the upper-$180 range and convert the $192–$195 band into solid support.

Expanding Institutional and Retail Access

In a notable development for mainstream crypto access, Fidelity added Solana to its U.S. retail brokerage platform on Oct. 23, giving investors exposure alongside Bitcoin (BTC), Ether (ETH), and Litecoin (LTC). The addition underscores rising institutional recognition of Solana’s ecosystem and user base.

Meanwhile, Gemini rolled out a Solana-themed version of its Gemini Credit Card, which offers up to 4% cashback in SOL for gas, EV charging, and rideshare payments, 3% for dining, and 2% for groceries. The card features no annual fees or foreign transaction costs, and users can now auto-stake rewards directly for yield.

Price and Technical Landscape

Crypto analyst Ali Martinez identified $188 as Solana’s “make-or-break” support, referencing Glassnode data showing heavy accumulation around that level. Historically, such clusters act as key stabilization points — holding above them often limits selling pressure, while breaks can trigger deeper pullbacks.

According to CoinDesk Research’s model, primary support stands at $189.25, with a secondary floor near $186. Resistance remains thick between $192.50 and $195.49. A volume surge nearly 47% above average accompanied rejection from the $195 zone, hinting at strong two-way market activity.

Broader Picture

Despite recent consolidation, Solana continues to gain ground in both institutional access and retail visibility. With its presence expanding across major financial platforms, traders now view $188 as a key technical marker that could determine whether the next move favors stabilization or renewed upside.