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Solana price rises above 50-day EMA amid new tokenized fund and Hong Kong ETF listing.

Market News
13 Oct 2026
Tokenpost
View Source
Bullish
Solana price rises above 50-day EMA amid new tokenized fund and Hong Kong ETF listing.

Solana (SOL) traded above its 50-day exponential moving average at $108.17, boosted by new developments including OSL's tokenized USDGO Plus SP fund and the upcoming listing of the Pando Solana ETF on the Hong Kong Stock Exchange. The tokenized fund offers a market-neutral strategy using a U.S. dollar-backed stablecoin and targets professional investors in Hong Kong. The ETF, trading in Hong Kong dollars, aims to track the CME CF Solana-Dollar Reference Rate and provides another regulated access point for Solana in the region. These moves highlight growing institutional interest and infrastructure for Solana in Asia's financial markets.

Solana is currently priced at Rp1.949.536 on Pluang as of Oct 13, 2026 15:22 WIB, showing a 1-day decline of 2.82%. Despite the recent news of institutional developments, the market cap stands at Rp1.142,32 trillion. Trading volume remains active with Rp68,24 trillion exchanged in the last 24 hours, indicating sustained investor interest.

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Solana (SOL) dips 3.55%, trading near key support and resistance levels around $108.

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Solana (SOL) is trading at $107.86, about 63% below its all-time high of $294.33. To reach $500, SOL would need a 363% price increase, implying a market cap near $295 billion if the circulating supply stays steady. This scenario depends on stronger d...

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