Fidelity Rolls Out Solana Trading Access for US-Based Investors

Fidelity has added Solana ( SOL ) trading to its suite of crypto products, giving both institutional and retail investors access to the fast-growing blockchain ￰0￱ expansion spans Fidelity Crypto, Fidelity Crypto for IRAs, Fidelity Crypto for Wealth Managers and Fidelity Digital Assets, which caters to institutional ￰1￱ move signals the continued mainstreaming of cryptocurrencies within traditional ￰2￱ also comes as Solana cements its position as one of the most traded digital assets globally, supported by its growing developer base and expanding institutional ￰3￱ Ducoff, head of institutional growth at the Solana Foundation, confirmed the rollout on X, sharing screenshots that showed Solana listed as a tradable asset on Fidelity’s ￰4￱ investors in ￰5￱ now purchase SOL in their @Fidelity brokerage account Some screenshots from my account NFA ￰6￱ — Nick Ducoff (@nickducoff) October 23, 2025 Fidelity Highlights Solana’s Cost Efficiency And Scalability Fidelity published an explainer on Solana on Thursday, describing it as a blockchain that processes about 60,000 transactions per minute on average, compared with roughly 250 for Bitcoin and 800 for ￰7￱ company noted that Solana’s transaction fees are typically just fractions of a cent, while Bitcoin and Ethereum often cost at least 50 cents per transaction.

Solana, like Ethereum, allows third-party developers to build decentralized applications and smart contracts on its ￰8￱ speed and low costs have made it popular for payments, trading, and new blockchain-based ￰9￱ Network Outages Raise Questions About Solana’s Long-Term Stability However, Solana’s rise has not been without ￰10￱ network has faced reliability challenges in the past, with several major outages that raised concerns about its ￰11￱ most recent incident occurred in Feb. 2024, when the blockchain went offline for five ￰12￱ outage was its first in over a year, signaling some improvement in network performance, though critics still question whether Solana can maintain consistent uptime under heavy ￰13￱ this year, in March 2025, congestion issues resurfaced when a memecoin frenzy briefly crippled the ￰14￱ surge in activity made Solana nearly unusable for several hours, prompting renewed scrutiny of its scalability ￰15￱ Access Expands as Solana ETFs Gain Traction Across Major Markets Despite these hurdles, Solana’s market momentum continues to ￰16￱ 21Shares Solana Spot ETF in the US recently received approval following the SEC’s clearance of its Form 8-A filing, enabling it to trade on a major American ￰17￱ product gives investors direct exposure to Solana’s spot price, a milestone that could further boost institutional ￰18￱ Asia, Hong Kong’s securities regulator also approved its first Solana spot ETF this ￰19￱ move makes Solana the third cryptocurrency, after Bitcoin and Ethereum, to gain such approval in the city and strengthens Hong Kong’s bid to become a leading hub for regulated digital assets.

Fidelity’s addition of Solana rounds out a significant month for the blockchain, which has seen growing adoption from both Wall Street and global ￰20￱ listing offers investors a new entry point into one of the industry’s fastest-growing ecosystems, signaling that digital assets are becoming a permanent fixture in the financial mainstream.