October 10 could well mark a turning point for Solana. The Bitwise IOC, Matt Hougan, sees in this deadline a catalyst comparable to the movements that have propelled Bitcoin and Ethereum in recent months. Should we prepare for a “Solana season”?
In short
- Matt Hougan (Bitwise) designates October 10 as a key date for Solana.
- Several ETFs in cash Solana are waiting for a decision of the dry.
- A listed company plans to invest $ 1.65 billion in ground and staker.
Solana could overturn everything from October 10
Matt Hougan, director of investments at Bitwise, does not go there by four paths: for him, on October 10 could be the starting point for a Solana flight.
This date corresponds to the deadline fixed by the SEC to rule on several ETF requests in the ground floor, in particular those of Bitwise, Grayscale, Vaneck, Fidelity and Investco.
If the approvals fall, Solana would join the very closed club of cryptos with products listed on the stock market, alongside Bitcoin and Ethereum.
The advanced argument is based on an already proven mechanics: the alliance between ETF flows and business cash purchases. Hougan recalls that Bitcoin has climbed 40,000 to more than $ 110,000 in a few months thanks to massive flows of ETF. Ethereum reproduced this diagram in the spring of 2025.
In this context, Solana, whose capitalization remains much more reduced, could experience an even more marked impact in the event of influx of institutional capital.
To this dynamic is added a new element: the creation of a new listed company, Forward Industries, which already has $ 1.65 billion in liquidity and stablecoins. The displayed objective is clear: buying soil, staker and generating additional yields.
Behind this investment vehicle hide leading actors such as Galaxy Digital, Jump Crypto or Multicoin Capital. Suffice to say that the institutional appetite is only confirmed.
The fundamentals of a network in full ascent
Beyond financial flows, Solana's technical fundamentals campaign in his favor. The network has imposed itself thanks to its speed of treatment and its derisory costs, two essential characteristics for hosting stablecoins, tokenizing assets and developing the deffi.
A major technical update is preparing to revolutionize performance: the purpose of transactions will increase from 12 seconds to only 150 milliseconds. This drastic improvement considerably strengthens Solana's attractiveness for institutional applications.
The adoption figures confirm this positive dynamic. Solana is now in the world for the liquidity of Stablecoins, while tokenized assets on its network exploded by 140 % in 2025.
Certainly, Sol presents a more inflationary profile than Bitcoin or Ethereum, with an annual issue of 4.3 %. However, this dilution could be widely absorbed by the massive arrival of capital via ETF and business cash strategies.
HAS The approach of October 10the stake becomes clear: if the SEC validates the first ETF SPOT Solana, the asset could establish itself as the revelation of the fall 2025, like Bitcoin and Ethereum during their respective regulatory breakthroughs.
In short, Solana is at a pivotal moment. Between fundamentals in clear improvement and an increasing interest of large institutions, all the ingredients seem to be gathered to open the way to a real “Solana season”.
Maximize your Cointribne experience with our 'Read to Earn' program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.
