Solana in the world of traditional finance: futures on Charles Schwab and new price tests

robot
Abstract generation in progress

Institutional gates for Solana have opened wider. Charles Schwab, a broker with over $10 trillion in client assets, has officially launched futures on SOL. This move means that investors can now gain exposure to Solana through regulated brokerage infrastructure without needing direct ownership of tokens. Such development places Solana alongside Bitcoin and Ethereum — the first to have futures on regulated platforms in 2017, and the second in 2021.

How futures are changing the SOL market dynamics

The emergence of futures contracts on SOL transforms the very nature of price movements. Previously, the asset’s value was primarily driven by the spot market and native cryptocurrency platforms. Now, hedging mechanisms, leverage, and portfolio allocation through traditional channels come into play. This means that short- and medium-term price dynamics may increasingly depend on the positioning of institutional portfolios rather than solely on crypto market sentiment.

Structured access also enhances risk management for large players. They can now use futures to hedge positions, structure exposure, and manage volatility within their workflows. However, it should be understood: such access does not guarantee immediate price growth, especially if the market is in a weakening phase.

Tactical situation: resistance and support under pressure

As of the latest update, SOL is trading at $139.78, showing a +2.20% increase over the last 24 hours and +2.94% over the week. The market capitalization reaches $78.92 billion, and liquidity on major platforms remains adequate.

Despite the positive momentum in recent days, analysts remain cautious. Traderek Koala notes that SOL is still below the 200-day moving average on the weekly chart, indicating a bearish scenario. He highlighted a critical support zone between $89 and $101, where demand could recover. If risk-avoidance sentiment intensifies, it could trigger a decline to historical support levels in the $30–50 range.

Analyst Koroush AK pointed out the nature of rebounds near $123–125. While this indicates short-term demand, the growing momentum is far from sufficient. SOL consistently forms lower highs around $134, signaling weakening bullish control.

If the price returns to the $125 level on high volumes, it could mean a breakdown below the support zone. In such a scenario, the prospects of further decline to $118 and $110 become realistic. For bulls, it is critical to regain control over $134 and hold the key resistance zone at $145.

Conclusion: institutional integration through futures is a long-term positive phenomenon, but short- and medium-term dynamics remain fragile. Volatility should stay on the agenda.

SOL1,66%
BTC1,21%
ETH-0,12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)