<p>The Solana (SOL) ecosystem is set to take center stage in Singapore for the next two days, with major announcements expected to boost bullish sentiment. Valued at around $80 billion and with an average daily trading volume of $3.4 billion, Solana has been moving in a range between $122 and $192 for the past six months.</p>   
<p>The ongoing <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" target="_blank" rel="noreferrer noopener">SOL price</a> consolidation has allowed long-term investors to buy more coins.&nbsp;</p>   
<p>Recent data from CoinShares shows that Solana investment products had a net inflow of $3.8 million last week, bringing the total assets under management (AUM) to roughly $1.108 billion.</p>   
<p>Will this fuel the next breakout? Let's read on. </p>   
<h2 class="wp-block-heading" id="h-key-support-level-will-solana-hold-or-drop">Key Support Level: Will Solana Hold or Drop?</h2>   
<p>Veteran trader Peter Brandt warns that Solana’s price needs to rebound from its current support level to avoid falling toward $80. However, the Federal Reserve’s recent 50 bps rate cut has shifted the crypto market outlook, with bulls expected to regain control.</p>   
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<p>As October approaches, commonly referred to as ‘Uptober’ in crypto circles, a fourth-quarter bull run is anticipated. This trend, expected to continue into next year, could provide Solana with further upward momentum.</p>   
<h2 class="wp-block-heading" id="h-solana-remains-a-favorite">Solana Remains a Favorite</h2>   
<p>After Bitcoin and Ethereum, Solana is the most popular blockchain among institutional investors, thanks to its strong Web3 ecosystem. The network holds over $4.8 billion in Total Value Locked (TVL), and its stablecoin market cap is around $3.8 billion. Additionally, Solana’s monthly active addresses have reached a record high of more than 75 million.</p>   
<h2 class="wp-block-heading" id="h-solana-seeker-a-new-blockchain-smartphone"><strong>Solana Seeker: A New Blockchain Smartphone</strong></h2>   
<p>Solana is the only top-tier blockchain with its own smartphone, aimed at pushing mainstream adoption of decentralized finance (DeFi). Ahead of tomorrow’s Breakpoint event in Singapore, Solana has announced a new, more affordable mobile device called the Solana Seeker, priced at about $450. </p>   
<p>This device will feature AI integration, allowing users to create tokenized AI agents.</p>   
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<p>With its growing ecosystem and upcoming product launches, Solana continues to solidify its position as a leading player in the crypto space. All eyes are now on Singapore as investors await key announcements that could shake up the market.</p>   
<p><strong>With a strong foundation, a growing ecosystem, and a dedicated community, Solana is poised to make a significant impact in the crypto world. The best is yet to come. Are you excited?</strong></p>

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