Here’s a bit of a Solana news update: the Solana Accelerate APAC summit 2025 is finally on. But the question remains, can optimism around the event bolster Solana’s price action?
For the uninitiated, here’s the rundown and why the summit is important.
The
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Solana
1.06%
Solana
SOL
Price
$189.00
1.06% /24h
Volume in 24h
$5.56B
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Price 7d
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Accelerate APAC summit is a community-driven event series launched with regional partners including Hashkey Labs, based out of Hong Kong. Its goal is to connect Mandarin-speaking markets with the global Solana ecosystem by bringing together developers, entrepreneurs, investors, and builders alike.
Join us in China this October to connect with the @solana_zh community IRL, meet local founders, and accelerate your crypto products. Register now!
– 20 Oct: Beijing
– 24 Oct: Shanghai
– 26 Oct: Hangzhou
– 28 Oct: Shenzhenhttps://t.co/rOSvCzFSW3— Solana (@solana) September 25, 2025
The events focus on key themes, including crypto adoption in Asia-Pacific, DePIN (Decentralized Physical Infrastructure Networks), Web3 innovation, stablecoins, and blockchain’s role in global finance.
The series has kicked off today in Beijing, with three more cities in line, designed to help local tech firms and investors scale their blockchain solutions using Solana’s high-speed infrastructure.
For now, Solana’s price action has rebounded and is currently trading at
. Moreover, the recovery is gaining momentum, backed by a surge in trading volume, currently sitting at $5.5 billion, up by 39.30% in the last 24 hours as per Coingecko’s data.
As the summit unfolds and major updates across the Solana ecosystem come to light, it is expected that positive investor sentiment will carry forward to its price action.
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Solana News Update: SOL USD Price Retests Its 50-Day SMA
Solana price is showing signs of strength after bouncing back from the October 10 market crash. It found solid support at $175, and despite failing to breach $210 earlier this week, it retested the support and rallied again.
It is currently trading at
, which is still above its 200-day SMA of $173 and looks poised for another leg up.
(Source: TradingView)
At the same time, John Bollinger has highlighted on X, a bullish W bottom pattern, suggesting a continuation of upward momentum.
Bollinger Bands "W-Bottom" on $SOL https://t.co/bKyCfkX11C pic.twitter.com/UX1POjZu0F
— curb.sol (@CryptoCurb) October 19, 2025
And the market seems to agree. Sol’s long/short ratio sits at 3.44 on a 4-hour scale, with nearly 80% of traders holding long positions as opposed to 20% in short.
(Source: Coinalyze)
Meanwhile, the RSI has climbed to above 40, indicating that there is still room to grow before hitting the overbought territory. If momentum holds, SOL can break its 50-day SMA at $193.
Beyond its price action, Solana is gearing up for major upgrades. The upcoming Alpenglow upgrade, approved by 98% of validators, is set to reduce transaction finality from 12 seconds to just 150 milliseconds and is scheduled for a Q1 2026 rollout.
Adding to the excitement, Solana recently teased a potential payment card. If launched with features like SOL cashback and seamless crypto-to-fiat spending, it could further boost its momentum on the charts.
Solana is preparing a big surprise on October 20
Speculation about the launch of a debit card that can be used to pay directly from any $SOL wallet and about an update to the $SOL network
> Announcement will be 10.20.2025 @Polymarket have campaign and my analysis is that by… pic.twitter.com/LJmkZQh6Ze
— cryptovcdegen (@cryptovcdegen) October 18, 2025
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HumidiFi On Solana Racks Up $34B in Trades
In another surprising update, HumidiFi, a decentralized exchange built on Solana, has emerged as the network’s top trading venue, recording a massive $34 billion in trading volume.
The sudden surge in trading volumes can be traced back to its dark exchange model that conceals order book data and helps traders avoid front-running and slippage.
It’s zero-knowledge proofs especially that are a lot more enticing for institutional and algorithmic traders seeking stealth and efficiency.
ok this is crazy
now @humidifi_, the leading prop AMM on SOL, has started market making ZEC
and the execution quality is actually better than Binance
unstoppable private money meets the greatest internet capital market on earth
solana https://t.co/RWlkqvFRM5 pic.twitter.com/xgdUlrJQni
— mert | helius.dev (@0xMert_) October 18, 2025
This is especially cathartic for HumidiFi since barely three months ago it was struggling to break $100 million in daily trading volume.
Dark AMMs (automated market makers) like HumidiFi have surged in popularity in recent months. These function differently from popular platforms such as Uniswap in that they don’t have public websites or allow users to add liquidity and earn fees.
Instead, they rely entirely on liquidity supplied by their anonymous creators and only process trades routed through aggregators like Jupiter.
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Key Takeaways
- Solana kicks off Accelerate APAC summit to boost regional DePIN and Web3 adoption
- SOL price rebounds above $192, supported by rising volume and bullish technical indicators
- HumidiFi dominates Solana trading with $34B volume, driven by stealth execution and zero-knowledge tech
The post Solana Accelerate APAC Begins: Latest Solana News and SOL USD Price Prediction This Week appeared first on 99Bitcoins.
