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In October 2025, the Solana (SOL) ecosystem ushered in a double explosion of technological breakthroughs and market enthusiasm: the privacy protocol completed a key upgrade, the scale of institutional-level financial products surged, the MEME currency platform traffic exploded, and the giants raised funds to increase their positions, driving the SOL price to a record high, highlighting the ecological resilience and growth potential. Two-wheel drive of technology and institutions: ecological foundation continues to be consolidatedPrivacy protocol upgrade: 5x performance + withdrawal problem solvedThe decentralized privacy protocol Privacy Cash successfully completed the relay upgrade, which not only improved network performance by 5 times, but also fixed the SOL withdrawal failure caused by the abnormal initialization of the Gas sponsorship wallet during the upgrade. All functions have now returned to normal. This efficient troubleshooting demonstrated FSA-level technical processing capabilities and further confirmed the resilience of the Solana ecosystem to cope with infrastructure challenges. Tokenized treasury bonds are popular: AUM exceeds US$300 millionParis-based investment platform Spiko Finance’s euro-denominated tokenized EU Treasury Fund has exceeded $300 million in AUM. The fund was launched on Polygon in June 2024 and has now expanded to multiple chains such as Solana. Its compliant design that combines the stability of European government bonds and blockchain efficiency accurately matches the needs of institutions for low-risk crypto-native products, and is currently expanding its leading advantage over similar euro stablecoin products. Market enthusiasm soars: prices approach new highs, giants increase investmentSOL price rebounded strongly, aiming at the $300 levelSpurred by the Federal Reserve's 25 basis point interest rate cut to stimulate risk appetite, the SOL price soared to $244, up 3.2% in a single day. The cumulative increase since September 2025 has reached 86.8%, which is only 16.5% away from the historical peak of $293.31 in January. The strong performance of a weekly increase of 9.6% and a monthly increase of 35% shows that the market's bullish sentiment is increasing, and investors are paying attention to whether it can break through the psychological barrier of $300. Institutions are betting heavily: raising US$4 billion to increase their positions in SOLForward Industries (FORD) submitted a registration statement to the U.S. Securities and Exchange Commission and plans to raise US$4 billion for Solana strategy development and asset acquisition. As the largest Solana reserve strategy institution holding 6.82 million SOL, its overweighting actions have been supported by giants such as GALAxy Digital and Jump Crypto. Although the news caused FORD's stock price to drop 10% in the short term (closing at US$33.51), it demonstrated the institution's confidence in the Solana ecosystem in the long term. Retail market frenzy: MEME currency platform’s daily transactions exceed 1 billionPump.fun, a token issuance platform based on Solana, set a historical record of daily trading volume of US$1 billion, surpassing derivatives exchange Hyperliquid, and pushing the total market value of the MEME currency field to US$83 billion (a new 30-day high). With its live broadcast function and creator incentive mechanism ($4 million in rewards have been distributed since January), Pump.fun has become the third largest revenue generator in the DeFi protocol, behind Circle and Tether, and has become an important window for retail funds to flow into the Solana ecosystem. That’s it for today’s article. We are currently in a bull market and the situation is turbulent. We share passwords every day. If you don’t know what to do in the bull market, you are welcome to scan the code to join the group for free. The spot code and layout strategy of the bull market can be shared for free. Welcome to private message me to join us. ![]() |