Solana News Today: Grayscale Connects Conventional Finance and Blockchain through Solana Trust

Grayscale Investments has introduced the Grayscale

Trust (GSOL), which stands as the largest publicly listed Solana spot fund in the United States. This fund provides investors with direct access to the token and includes built-in staking features, as reported by . Available through select brokerage services, this fund offers a regulated way to engage with Solana's ecosystem while retaining liquidity. According to , this launch reflects increasing institutional trust in Solana's scalability and practical applications.

Solana's blockchain continues to show strong performance, generating $425 million in monthly transaction fees and supporting more than 500 decentralized applications (dApps) in areas such as DeFi, gaming, and infrastructure, based on

. The research points out Solana's leading position in on-chain activity, with daily transaction numbers surpassing those of its rivals and a developer community exceeding 1,000 contributors. Despite recent market fluctuations—SOL's price fell to $183.81 after losing key support—Grayscale maintains that the token is still undervalued when compared to its economic performance and real-world use. Institutional investors, who collectively hold 2.5% of all SOL in circulation, further support its long-term outlook.

The debut of GSOL is in line with the broader trend of institutional adoption. Fidelity has recently

, highlighting the network's ability to handle 60,000 transactions per minute with very low fees. At the same time, , which is the first Solana spot ETP in the U.S. and stakes all of its assets internally to achieve staking rewards of about 7%. These advancements signal a maturing market where regulated investment products are making Solana more accessible to both individual and institutional investors.

Security and regulatory compliance have also become more important.

, a staking provider focused on Solana, recently with no issues found, further establishing high security standards for Solana staking. Such certifications are vital for attracting cautious investors and ensuring transparency in staking operations.

Grayscale's analysis recognizes short-term price challenges but stresses Solana's underlying strength. Technical signals indicate possible support at $178.88 and below, but the network's fundamentals—such as $1.2 trillion in DeFi transaction volume this year and low transaction fees—help offset these pressures. Veteran trader Matthew Dixon views the recent decline as a corrective move within a larger upward trend, noting wave patterns that could lead to renewed growth.

Solana's ecosystem is also benefiting from regulatory advancements. A spot Solana ETF has been approved in Hong Kong, and applications from 21Shares and Grayscale in the U.S. point to growing regulatory acceptance. These achievements strengthen Solana's position in the global digital asset market, with its speed, scalability, and active developer base setting it apart from slower Layer-1 blockchains.

Investors should consider Solana's long-term prospects alongside its short-term volatility. Although recent price drops may cause concern, Grayscale's evaluation—supported by institutional backing—indicates that the blockchain's strong fundamentals could drive future growth. As staking and regulated investment products become more widespread, Solana's place in mainstream finance appears increasingly secure.