Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana News Update: Financial Giant Solana Faces Off Against Challenger Digitap in the Latest Crypto Arena

Solana News Update: Financial Giant Solana Faces Off Against Challenger Digitap in the Latest Crypto Arena

Bitget-RWA2025/11/01 15:14
By:Bitget-RWA

- Solana (SOL) gains institutional traction in 2025 via ETFs, Western Union partnerships, and a 7.03% staking yield outperforming peers. - Digitap ($TAP) disrupts altcoin market with $1M+ presale, Visa/Apple Pay integration, and buyback-burn mechanics attracting real-world utility seekers. - Ethereum's $60B DeFi dominance and market volatility challenge Solana's growth, while Sui (SUI) drops 7% amid broader crypto fluctuations. - Analysts highlight divergent crypto paths: Solana's institutional ETF-driven

Solana (SOL) is entering 2025 with significant backing from major institutions, highlighted by collaborations with Western Union and the introduction of several exchange-traded funds (ETFs) from Bitwise and Grayscale, as reported by an

. The Bitwise Staking ETF (BSOL) saw $56 million in trading volume on its first day, while started staking in October 2025, allowing investors to benefit from staking rewards. These milestones, together with the U.S. Securities and Exchange Commission’s green light for a , have helped establish Solana as a major contender in the institutional blockchain sector. At the same time, Solana Company (NASDAQ: HSDT) announced a 7.03% annualized staking yield for October, surpassing leading validators by 36 basis points, according to a . Experts believe that these strong fundamentals, combined with growing interest in cross-border payment solutions, could drive further adoption, as also highlighted by FXStreet.

Despite the positive outlook, Solana still faces obstacles in maintaining its growth. Traders on Polymarket estimate only a 28% chance that the token will reach a new record high before 2026, with its current price at $200, according to Yahoo. Maria Carola, CEO of StealthEX, points out that Ethereum’s well-established reputation among institutions and its $60 billion in locked DeFi assets remain significant challenges for Solana in the

1 blockchain competition, as Yahoo further reported. Nevertheless, she sees the possibility of both networks coexisting, with acting as a settlement layer and Solana handling fast transactions, Yahoo’s analysis concluded.

Solana News Update: Financial Giant Solana Faces Off Against Challenger Digitap in the Latest Crypto Arena image 0

The gap between established players and rising stars is evident.

(SUI), another Layer 1 blockchain, has dropped 7% this week amid overall market turbulence, according to a . In contrast, Digitap continues to attract investment from those seeking practical use cases and deflationary features, as noted by Cryptopolitan. The project’s lack of KYC requirements and its working app further set it apart from more speculative tokens, the report added.

As the crypto sector adapts to regulatory developments and new technologies, Solana and Digitap illustrate different strategies for expansion. Solana’s institutional alliances and ETF momentum highlight its potential to rival Ethereum, while Digitap’s focus on user needs points to a new generation of utility-focused projects, as reported by FXStreet, Yahoo, and Bitcoin Insider.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Riverview’s Robust Second Quarter Highlights Contrasting Approaches in the Financial Industry

- Riverview Bancorp reported Q2 2026 net income of $1.1M and a 2.76% net interest margin, up from 2.46% in 2025. - The bank boosted shareholder returns via a $0.02/share dividend and a $2M stock repurchase plan, with 17 branches in the Portland-Vancouver area. - Sector peers showed divergent strategies: Cullen/Frost prioritized capital returns, Baytex focused on debt reduction, and Tanger balanced dividends with growth in REITs. - Riverview's 0.78x tangible book multiple and 11-year "Best Bank" streak high

Bitget-RWA2025/11/04 04:24
Riverview’s Robust Second Quarter Highlights Contrasting Approaches in the Financial Industry

Bitcoin Updates: After Uptober: 1.6 Million Traders Leave as Legal and Regulatory Challenges Intensify

- The 2025 "Uptober" crypto crash triggered $19B in liquidations, erasing 1.6M leveraged traders and slashing Bitcoin’s price by $21K in hours. - Market cap fell $888B as ETFs lost $672M in two days, while stablecoin supply hit $308.77B amid global trade tensions and investor caution. - Leverage risks exposed $17B in losses, while spot trading surged on Binance ($174B volume), signaling a shift toward direct ownership. - Legal storms expanded to traditional markets, with Fortinet and Tronox facing class-ac

Bitget-RWA2025/11/04 04:24
Bitcoin Updates: After Uptober: 1.6 Million Traders Leave as Legal and Regulatory Challenges Intensify

Bitcoin News Today: Bitcoin Faces a Pivotal November—Will It Recover or Continue Its Decline?

- Bitcoin ended its seven-year October gain streak with a 5% drop in 2025, its first red October since 2018, driven by macroeconomic uncertainty and ETF outflows. - Prices fell to $101,000 after hitting $126,080, with ETF outflows exceeding $550M, reflecting concerns over Fed policy and market risks. - Analysts debate a potential November rebound, citing historical 40.5% average gains and technical indicators showing weakening bearish momentum. - Institutional buying and Ethereum ETF inflows ($9.6B vs. Bit

Bitget-RWA2025/11/04 04:08
Bitcoin News Today: Bitcoin Faces a Pivotal November—Will It Recover or Continue Its Decline?

Privacy Coins Gain Value: Zcash and Dash See 80% Price Increase

- Zcash (ZEC) and Dash (DASH) surged 80% in market cap, outperforming a declining crypto market, driven by demand for transaction privacy. - Zcash surpassed Monero ($7.2B vs. $6.3B) due to institutional adoption of its flexible privacy model and integrations with platforms like Solana. - Dash's 44.75% 24-hour gain and Zcash's $10,000 price prediction by BitMEX's Arthur Hayes highlight speculative momentum and growing institutional interest. - Privacy coins face regulatory risks (e.g., Monero's delisting) b

Bitget-RWA2025/11/04 04:08
Privacy Coins Gain Value: Zcash and Dash See 80% Price Increase