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Bitcoin

Why is SOL price up again?

By WebDeskJune 25, 20253 Mins Read
Why is SOL price up again?
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Solana gains 2.36% as Fiserv launches FIUSD stablecoin, signaling rising trust and enterprise adoption.

Solana’s 2.36% price gain over the last 24 hours is more than just a market bounce; it signals renewed institutional confidence. According to Binance and CoinMarketCap, the blockchain is seeing rising interest due to enterprise-level adoption and bullish activity in futures markets.

Fiserv, a $172 billion payments company, has officially announced the launch of its FIUSD stablecoin on the Solana blockchain, targeting over 10,000 banks and 6 million merchants. This move marks a major endorsement of Solana’s scalability and speed. The partnership with Circle, the issuer of USDC, adds another layer of utility, reinforcing Solana’s role in the future of digital payments.

Market dynamics favor Solana

Institutional demand is clear. CME’s Solana futures reached a record 1.75 million contracts traded in a single day, while open interest surged to $6.14 billion. Traders are actively pricing in higher volatility and upside. Meanwhile, the Fear & Greed Index remains neutral at 48, creating an environment where altcoins like SOL can rally independently of Bitcoin’s price.

As resistance builds near the 23.6% Fibonacci level at $166.85, many believe the right trigger, such as regulatory clarity or more enterprise deals, could send SOL past $250 in the coming months.

Pepeto exchange demo successfully released, tier 1 listing coming soon

The team behind Pepeto has officially released the demo version of its anticipated exchange platform. 

Here’s why Pepeto is gaining serious traction:

  • The exchange features zero-fee listings for meme tokens.
  • Bridge technology links Ethereum, Solana, and BNB.
  • Investors can earn up to 278% APY through staking.
  • Over $5.3 million raised during its presale.
  • Rumors suggest Pepeto is led by an ex-Pepe co-founder who aims to complete the original frog-themed vision by adding the missing pieces, Technology, and Optimization.
  • Elon Musk has twice posted frog-themed images on his X profile, fueling speculation around frog-based projects like Pepeto.

A first sneak peek into the $Pepeto Exchange is finally here.
Live trading charts, swap and bridge features, and over 850 high-quality tokens already approved for listing once $Pepeto secures its Tier 1 exchange.
While markets remain uncertain, the team behind the God of Frogs… pic.twitter.com/ndk5gYs6y4

— Pepeto (@Pepetocoin) June 23, 2025

These developments have put Pepeto on the map. With the exchange demo live and listing news imminent, many expect long-term value growth as usage of the Pepeto ecosystem increases.

Check out Pepeto website to learn more and join early before price momentum kicks in.

Wall Street Ponke: The memecoin built for traders

Wall Street Ponke is another rising project combining meme energy with serious backing. With $300,000 in venture capital and early partnerships with football teams, Wall Street Ponke is building a robust ecosystem.

Solana forecast: Why is SOL price up again? - 2

Its focus on anti-whale AI tools and educational resources provides real value, especially for new traders. As the world stabilizes politically, Solana, Pepeto, and Wall Street Ponke are set to be among the top projects to watch in this new cycle.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.


Credit: Source link

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