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Solana price nears $122 after Fed proposes stablecoin regulations

Market News
25 Sep 2026
AMBCrypto
View Source
Bullish
Solana price nears $122 after Fed proposes stablecoin regulations

Solana's price rose to an intraday high of $122.18 following the US Federal Reserve's proposal for stricter regulations on stablecoin issuers. These rules aim to ensure stablecoins are fully backed by approved assets and require issuers to maintain sufficient capital and risk management standards. While the Fed's proposals do not directly regulate the Solana blockchain, they could impact the use of stablecoins on networks like Solana, potentially attracting more regulated stablecoin issuers and users. Solana's next price challenge is to break above $124 to sustain its recent gains, with support levels at $116 and $108-$110 if it pulls back.

Solana trades at Rp2.157.016 on Pluang as of Sep 25, 2026 22:21 WIB, showing a 5.01% gain in the last day. The market cap stands at Rp1.268,38T with a 24-hour volume of Rp101,56T. Despite the recent price rise, Pluang order activity leans slightly towards selling at 58%, with typical holders keeping their positions for about 70 days.

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