Fidelity and Canary Marinade Introduce Two Spot ETFs for Solana

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Nov 18 2025

SOL-1.573%

MNDE-10.12%

Should l Buy SOL?

Launch of Solana ETFs: Fidelity and Canary Marinade have launched two new spot Solana ETFs, FSOL on NYSE Arca and SOLC on Nasdaq, aimed at increasing institutional access to Solana's ecosystem.
Fee Structure and Features: FSOL has a management fee of 0.25%, while SOLC offers staking rewards with a 0.5% fee, reflecting a growing interest in blockchain-based financial products.
Market Reaction: Following the ETF launches, Solana's price rebounded over 3%, indicating strong market interest and potential for increased adoption among various investor groups.
Future Implications: The introduction of these ETFs may enhance Solana's on-chain activity and usage, particularly through SOLC's staking feature, while also attracting regulatory scrutiny and fostering innovation in blockchain finance.

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Technical Analysis for SOL

Technical Sentiment Analysis for Solana (SOL) As of , Solana (SOL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SOL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SOL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Solana (SOL) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	17.565	42.532	69.185	94.152	120.805	145.772	172.425
Fibonacci	42.532	62.251	74.433	94.152	113.871	126.053	145.772

About SOL

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.To learn more about this project, check out our deep dive of Solana.The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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