The market price of Solana has surpassed $220, gaining over 36 percent in the last seven days.
The token could see more upside due to anticipation around the approval of spot Solana ETFs.
Logo of Solana
The cryptocurrency market is breaking records following Donald Trump's confirmation as the 47th President of the United States. Although the main focus remains on Bitcoin, which is approaching $90,000, other altcoins are performing even better. Solana, for example, has outperformed Bitcoin, delivering a return of over 36 per cent in the last week.
Solana is the fourth largest token, with over $102.5 billion in market cap. With the recent rally, its price has surged past $200 and is indicating further potential increases.
There is no doubt that Solana’s prices are benefiting from the current positive market sentiment. However, other factors are also at play.
Solana price rally in last 7 days; Source: CoinMarketCap
The “Ethereum Killer”
Launched in 2020, Solana operates on a proof-of-stake protocol, predating Ethereum’s switch from proof-of-work. The Solana blockchain is designed to host decentralised applications and has gained significant attention. Due to its efficiency, it has sometimes been called an “Ethereum killer.”
Although Solana is only a quarter of the size of Ethereum, the only cryptocurrency between these two in size is Tether, a stablecoin. Thus, Solana is one of the most influential cryptocurrencies in the market.
One reason behind the latest crypto rally is Donald Trump’s endorsement of cryptocurrencies. President-elect Trump attended multiple Bitcoin conferences during his campaign and announced he would become the first “Bitcoin President.”
With Trump's endorsement, the crypto industry anticipates deregulation over the next four years. The Securities and Exchange Commission’s Chair, Gary Gensler, who engaged in several high-profile conflicts with crypto companies, is also expected to be replaced soon.
Spot Solana ETF Next?
One of the most encouraging factors for Solana is the possible listing of a spot Solana exchange-traded fund (ETF) on US exchanges. Last July, Cboe officially requested the SEC to permit the listing of Solana ETFs by two issuers, VanEck and 21Shares, who also submitted S-1 forms with the regulator.
Although the US regulator has not yet taken action on the spot Solana ETF, a Trump-appointed, crypto-friendly SEC chief replacing Gensler may approve the instrument.
Notably, the SEC approved the listing and trading of spot Bitcoin ETFs on US exchanges last January, followed by the approval of Ether ETFs. While such ETFs are already traded on the stock exchanges of several other countries, the US listing, due to the size of the market, provided a significant boost.
The cryptocurrency market is breaking records following Donald Trump's confirmation as the 47th President of the United States. Although the main focus remains on Bitcoin, which is approaching $90,000, other altcoins are performing even better. Solana, for example, has outperformed Bitcoin, delivering a return of over 36 per cent in the last week.
Solana is the fourth largest token, with over $102.5 billion in market cap. With the recent rally, its price has surged past $200 and is indicating further potential increases.
There is no doubt that Solana’s prices are benefiting from the current positive market sentiment. However, other factors are also at play.
Solana price rally in last 7 days; Source: CoinMarketCap
The “Ethereum Killer”
Launched in 2020, Solana operates on a proof-of-stake protocol, predating Ethereum’s switch from proof-of-work. The Solana blockchain is designed to host decentralised applications and has gained significant attention. Due to its efficiency, it has sometimes been called an “Ethereum killer.”
Although Solana is only a quarter of the size of Ethereum, the only cryptocurrency between these two in size is Tether, a stablecoin. Thus, Solana is one of the most influential cryptocurrencies in the market.
One reason behind the latest crypto rally is Donald Trump’s endorsement of cryptocurrencies. President-elect Trump attended multiple Bitcoin conferences during his campaign and announced he would become the first “Bitcoin President.”
With Trump's endorsement, the crypto industry anticipates deregulation over the next four years. The Securities and Exchange Commission’s Chair, Gary Gensler, who engaged in several high-profile conflicts with crypto companies, is also expected to be replaced soon.
Spot Solana ETF Next?
One of the most encouraging factors for Solana is the possible listing of a spot Solana exchange-traded fund (ETF) on US exchanges. Last July, Cboe officially requested the SEC to permit the listing of Solana ETFs by two issuers, VanEck and 21Shares, who also submitted S-1 forms with the regulator.
Although the US regulator has not yet taken action on the spot Solana ETF, a Trump-appointed, crypto-friendly SEC chief replacing Gensler may approve the instrument.
Notably, the SEC approved the listing and trading of spot Bitcoin ETFs on US exchanges last January, followed by the approval of Ether ETFs. While such ETFs are already traded on the stock exchanges of several other countries, the US listing, due to the size of the market, provided a significant boost.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
How Ripple Pulled Off the Year’s Biggest Crypto Raise While XRP Tumbled 40%
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
Vitalii Bulynin Talks About Versus Trade, New Pairs, and Big Plans
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
In this interview, Versus Trade Co-Founder Vitalii Bulynin explains how the company got its license fast, why its trading pairs are fresh and fun, and what the team will build next.
He also discusses the most active pairs, the IB and MIB plans, and hiring needs for new markets.
Watch the whole talk to learn more about how Versus Trade works and where it is heading.
#financemagnates #VersusTrade #TradingPairs #BTCvsGold #goldtrading #innovation
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Fail Better Trading Tech to Tackle Industry Risks
Fail Better Trading Tech to Tackle Industry Risks
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
