Solana Accelerate APAC Launches: Current Solana Updates and SOL USD Forecast This Week

Here’s an announcement on Solana news: the Solana Accelerate APAC summit 2025 is officially happening. However, the lingering question is whether the enthusiasm for the event can enhance Solana’s price movement.

For those not in the loop, here’s a summary and the significance of the summit.

The

Solana
SOL

$189.45


3.42%

Solana
SOL


Price

$189.45

3.42% /24h





Volume in 24h

$5.32B



Price 7d

Accelerate APAC summit serves as a community-focused series launched in collaboration with regional partners, including Hashkey Labs from Hong Kong. Its purpose is to bridge Mandarin-speaking markets with the global Solana community by uniting developers, entrepreneurs, investors, and innovators.

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 will cover critical themes such as crypto adoption in the Asia-Pacific region, DePIN (Decentralized Physical Infrastructure Networks), Web3 innovation, stablecoins, and the influence of blockchain on global finance.

The series has officially commenced today in Beijing, with three other cities scheduled, aimed at assisting local technology firms and investors in expanding their distributed ledger solutions utilizing Solana’s rapid infrastructure.

Currently, Solana’s price has bounced back and is trading at



. Additionally, the comeback is gathering pace, supported by a spike in trading volumes, currently at $5.5 billion, reflecting a 39.30% increase over the past 24 hours according to Coingecko’s data.

As the summit progresses and significant updates throughout the Solana ecosystem are revealed, it is anticipated that positive investor sentiment will translate into its price dynamics.

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Solana Update Update: SOL USD Price Retests Its 50-Day SMA

Solana’s price is displaying signs of resilience after recovering from the market crash on October 10. It established strong support at $175, and despite not managing to surpass $210 earlier this week, it has revisited the price floor and surged once more.

It is now trading at



, remaining above its 200-day SMA of $173 and appears ready for another upward move.

(Source: TradingView)

Concurrently, John Bollinger has pointed out a bullish W bottom pattern on X, implying the potential for continued upward movement.

Bollinger Bands “W-Bottom” on $SOL https://t.co/bKyCfkX11C pic.twitter.com/UX1POjZu0F

— curb.sol (@CryptoCurb) October 19, 2025

The crypto market sentiment backs this. Solana’s long/short ratio is at 3.44 on a 4-hour metric, with approximately 80% of traders opting for long positions compared to 20% for short.

(Source: Coinalyze)

Moreover, the RSI has ascended above 40, suggesting there’s ample room for growth prior to hitting overbought levels. Should the momentum persist, SOL could surpass its 50-day SMA at $193.

In addition to price actions, Solana is preparing for significant upgrades. The upcoming Alpenglow upgrade, which received 98% validator approval, aims to reduce transaction finality from 12 seconds to just 150 milliseconds and is slated for release in Q1 2026.

Further stirring excitement is Solana’s recent hint at a potential payment card. If introduced with features like SOL cashback and smooth crypto-to-fiat transactions, it could amplify its upward trajectory in the trading market.

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 digital wallet and about an news to the $SOL protocol

> News 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 a notable development, HumidiFi, a decentralized trading network on Solana, has established itself as the leading exchange on the protocol, accumulating a staggering $34 billion in trading volume.

This remarkable increase in trading activity is attributed to its unique dark exchange model, which keeps order book data concealed and enables traders to avoid front-running and slippage.

The use of zero-knowledge proofs is particularly appealing for institutional and algorithmic traders seeking anonymity and efficiency.

ok this is crazy

now @humidifi_, the leading prop AMM on SOL, has started crypto market making ZEC

and the execution quality is actually better than Binance

unstoppable private money meets the greatest internet capital crypto market on earth

solana https://t.co/RWlkqvFRM5 pic.twitter.com/xgdUlrJQni

— mert | helius.dev (@0xMert_) October 18, 2025

This is particularly significant for HumidiFi, considering it struggled to exceed $100 million in daily trading volume just three months ago.

Dark AMMs (automated crypto market makers) like HumidiFi have witnessed a surge in popularity recently. They differ from well-known platforms like Uniswap in that they lack public websites and do not allow users to add available volume and earn fees.

Rather, they depend entirely on available volume provided by their anonymous developers and process trades routed via aggregators like Jupiter.

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The post Solana Accelerate APAC Begins: Latest Solana News and SOL USD Price Prediction This Week appeared first on 99Bitcoins.