Bitwise and Canary Capital launched the first U.S. Solana ETFs on October 28, marking institutional access to SOL. The token trades above $200 with resistance zones at $216–$230. Technical patterns resemble Solana's 2023 breakout phase, according to market analysts.

Hyperliquid's HYPE token declined 1.2% to $46.57 after encountering resistance at the 38.2% Fibonacci retracement level of $49.36. The token remains up 19.5% over the past week despite the pullback. The correction reflects profit-taking and heightened competition from Binance-backed Aster DEX, which recorded $20.8 billion in trading volume on its September 17 launch day.

Bitplanet, a KOSDAQ-listed technology company, purchased 92.67 Bitcoin valued at approximately $10.9 million through a licensed domestic exchange, becoming South Korea's first publicly traded firm to execute a regulated corporate Bitcoin acquisition. The Seoul-based company plans to accumulate up to 10,000 BTC through daily purchases as part of a long-term treasury strategy backed by global investors including Metaplanet and Sora Ventures.