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: Institutional ETF Investments Fuel Solana's Comeback and Broader Altcoin Adoption

Solana News Update: Institutional ETF Investments Fuel Solana's Comeback and Broader Altcoin Adoption

Bitget-RWA2025/10/28 20:14
By:Bitget-RWA

- Solana (SOL) surged 12% to $195, driven by $24M inflows into the SSK ETF, pushing its market cap above $105B. - JPMorgan forecasts $6B in initial inflows for upcoming Solana ETFs, signaling growing institutional crypto acceptance. - Capgemini boosted 2025 growth to 2.5% after acquiring WNS, while JFrog and Honeywell reported strong Q3 results. - Tech Mahindra partnered with Crosscall to expand AI-driven enterprise mobility in North America. - The global pheromone market is projected to grow at 16.4% CAGR

Yahoo Finance article.>

Solana News Update: Institutional ETF Investments Fuel Solana's Comeback and Broader Altcoin Adoption image 0

On October 25, Solana (SOL) experienced a 12% price surge, climbing to $195 and boosting its market cap to over $105 billion. This rally aligns with significant investments into the REX-Osprey Staking

ETF (SSK), which saw an additional $24 million last week, raising its total assets managed to more than $400 million, as reported by a . The ETF’s strong showing underscores increasing institutional interest in altcoins, especially during a bearish market. Analysts from anticipate that new Solana ETFs from companies such as VanEck and Grayscale could draw over $6 billion in initial investments, reflecting a wider embrace of crypto as a liquid asset, according to Crypto.News.

Elsewhere, Capgemini raised its 2025 revenue growth outlook to between 2% and 2.5% (constant currency) after posting third-quarter revenue of €5.39 billion, fueled by 7% growth in North America and rising demand for AI solutions, according to

. The French IT leader attributed its $3.3 billion purchase of WNS to expanding its agentic AI offerings, with CEO Aiman Ezzat highlighting "very promising contracts" in the works, as mentioned in a .

JFrog (FROG) surpassed expectations in its most recent quarter, with both revenue and EBITDA beating projections and billings reflecting robust demand for its software supply chain products, according to the Yahoo Finance article. The launch of its AI Catalog addresses enterprise needs for secure AI model oversight, though the company still faces risks from possible delays in major AI-focused deals. Likewise, Honeywell (HON) gained 6.5% after announcing a $1.8 billion profit increase and a $248.54 fair value estimate, driven by a surge in aerospace orders and industrial sector growth, as detailed in a

.

First Horizon (FHN) also made headlines, with third-quarter 2025 net income rising to $262 million and $33 million in share buybacks since October 2024 strengthening its bullish outlook, according to a

. The company’s management reaffirmed its 2025 revenue forecast of flat to 4% growth, dismissed merger and acquisition rumors, and emphasized margin improvements in its mortgage warehouse business.

Tech Mahindra has teamed up with Crosscall to promote AI-powered enterprise mobility in North America, integrating rugged devices with digital solutions for industries such as manufacturing and oil and gas, according to a

. The partnership is designed to speed up Crosscall’s entry into the U.S. market through device testing and AI/ML application development, focusing on real-time decision-making and safety, as reported by an .

In the agricultural sector, the global pheromone market is expected to expand at a 16.4% CAGR, reaching $9.6 billion by 2029, propelled by North America’s emphasis on sustainable crop protection, according to a

. Advances in sex pheromones and integrated pest management are gaining popularity as farmers move away from chemical pesticides, with government backing and growing demand for organic food driving adoption.

Despite the positive outlook, certain risks remain. JFrog is exposed to fluctuations due to delayed AI contracts, while Whirlpool’s (WHR) $300 million U.S. expansion is based on an anticipated 0.6% yearly revenue drop and depends on overcoming stagnant sales and competition, as noted in a

. Similarly, the agricultural pheromone sector faces obstacles in developing countries due to limited awareness and continued reliance on traditional pesticides, according to the GlobeNewswire release.

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

New Cryptocurrency Funds Drive Major Market Shift on Wall Street

In Brief Three new cryptocurrency ETFs debuted on Wall Street with $65 million trading volume. Bitwise's Solana Staking ETF led, benefiting from a zero-fee launch period. Over 150 crypto ETF applications are pending, indicating growing institutional interest.

Cointurk2025/10/29 06:03
New Cryptocurrency Funds Drive Major Market Shift on Wall Street

Ethereum News Update: Crypto’s Political Bet: Trump’s Clemency and $263M in Lobbying Fuel Regulatory Ambiguity

- Ethereum led $522M in crypto liquidations as ETF inflows ($246M) surpassed Bitcoin for first time, signaling institutional adoption shifts. - Crypto groups spent $263M lobbying 2026 U.S. elections, doubling 2024 efforts, while Trump's Binance pardon boosted XRP, ETH, and BTC prices. - Trump Organization's crypto income surged 17-fold to $864M via token sales, raising ethical concerns amid UK money laundering probes into linked partners. - CLARITY Act faces 20% passage chance by 2026 deadline despite clos

Bitget-RWA2025/10/29 06:02
Ethereum News Update: Crypto’s Political Bet: Trump’s Clemency and $263M in Lobbying Fuel Regulatory Ambiguity

Shiba Inu Slips, Sui Targets $2.90 Breakout, and BlockDAG’s Presale Races Toward Its $600M Goal!

Explore how Shiba Inu faces downside pressure, Sui strengthens on ETF attention, and BlockDAG’s presale surges toward $600M as demand climbs!Shiba Inu Price Drops as Market Momentum StallsSui Eyes Breakout Toward $2.90Why $600M Is Just the Beginning for BlockDAG!Final Thoughts

Coinomedia2025/10/29 05:51
Shiba Inu Slips, Sui Targets $2.90 Breakout, and BlockDAG’s Presale Races Toward Its $600M Goal!