Fidelity Expands Crypto Offerings by Making Solana Accessible to Customers

Fidelity Expands Crypto Offerings by Making Solana Accessible to Customers
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Fidelity has begun offering Solana (SOL) directly to its brokerage customers, expanding its list of cryptocurrencies, which also includes BTC, ETH, and LTC. Users can now trade SOL and access custodial services through Fidelity Digital Assets, for which they will need a dedicated crypto account.

Following the announcement, SOL climbed above $190, driven by retail investor interest. The Solana network maintains 2.4 million daily active users and remains a crucial ecosystem for decentralized applications, as well as lending, perpetual trading, and memecoins. Fidelity views Solana (SOL) as a passive growth asset, comparable to blue-chip tokens and other legacy assets.

Although actual demand from retail and institutional investors is yet to fully materialize, Fidelity could act as a catalyst for new traders to engage with Solana and help restore confidence after the recent market volatility.

Source: https://x.com/DigitalAssets/status/1981406518500061476


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This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

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