Oct. 27 at 3:31 PM
$HSDT - SOL inching its way back to the monthly high and beyond may mean we also head back to our monthly high -
$20.
Solana is gaining traction in “real-world assets” (RWA) usage, validator infrastructure is improving, and despite an outage in a larger ecosystem component (AWS), Solana has shown “zero downtime” in a monitored interval — boosting its institutional credibility.
Hong Kong’s regulator (Securities and Futures Commission (Hong Kong)) approved the first spot ETF linked to Solana (via ChinaAMC (HK)) ahead of the U.S. in doing so.
SOL price recently pushed back to around the
$200 level, with growing trading volume, higher on-chain activity (TVL rising) and renewed optimism in the altcoin space.