Altcoins News

Story: Solana (SOL) Jumps 4.28% as Visa Adds Blockchain to Stablecoin Settlement Program

By MikeT

1 / 15

Visa Brings Stablecoin Settlements to Solana. Visa’s decision to expand its USDC-based stablecoin settlement program to Solana validates the…

2 / 15

Institutional Activity Boosts Confidence. Beyond Visa’s reveal, Solana has seen rising institutional interest.

3 / 15

Technical Analysis: Mixed, With Room to Grow. Solana’s current price of $174.33 reflects a near-term recovery.

4 / 15

SOL Support and Resistance Levels to Watch. Key price levels are forming as Solana consolidates:

5 / 15

Is Now a Good Time to Buy SOL?. The current price action presents several opportunities, depending on your trading strategy:

6 / 15

Conclusion. Solana’s price has received a much-needed boost following Visa’s expansion of its stablecoin…

7 / 15

Solana (SOL) rallied 4.28% in the past 24 hours, pushing its price to $174.33 after Visa revealed it would expand its stablecoin settlement program to include the Solana…

8 / 15

The revealed comes at a crucial time for Solana, which had dropped 25% from its July high of $206.

9 / 15

Visa’s decision to expand its USDC-based stablecoin settlement program to Solana validates the blockchain’s technical capabilities—particularly its speed and scalability.

10 / 15

This development makes Solana the second blockchain to support Visa’s stablecoin initiative, after Ethereum.

11 / 15

Beyond Visa’s reveal, Solana has seen rising institutional interest. Futures trading volume for SOL surged to $8.

12 / 15

Meanwhile, the Solana Foundation started its second-generation blockchain smartphone, Seeker, on August 4.

13 / 15

Together, these developments reinforce Solana’s credibility and momentum as one of the top Layer 1 blockchains in 2025.

14 / 15

Solana’s current price of $174.33 reflects a near-term recovery. The technical indicators, however, offer a mixed outlook:

15 / 15

RSI (Relative Strength Index): At 52.29, Solana’s RSI suggests neutral momentum. It’s neither overbought nor oversold, leaving room for movement in either direction.

The Currency Analytics

Want the full story?