Solana Accelerate APAC summit 2025 is underway, aiming to connect Mandarin-speaking markets with the global Solana ecosystem. The series kicked off in Beijing, with events focusing on crypto adoption, Web3 innovation, and blockchain in global finance. Solana’s price action has rebounded, trading at with a surge in volume.

Solana’s price strength post-market crash shows solid support at $175 and potential for further growth. The market indicates a bullish W bottom pattern and a long/short ratio favoring long positions. RSI above 40 suggests room for growth before hitting overbought territory, with potential to break its 50-day SMA at $193.

Solana is gearing up for upgrades like Alpenglow, set to reduce transaction finality to just 150 milliseconds. The network also teased a potential payment card with SOL cashback features. HumidiFi, a Solana-based DEX, has become the top trading venue with $34 billion in volume, attributed to its dark exchange model attracting institutional and algorithmic traders.

Dark AMMs like HumidiFi are gaining popularity for their anonymous creators and reliance on liquidity through aggregators like Jupiter. These platforms differ from traditional DEXs like Uniswap, offering stealth and efficiency for traders. The surge in popularity for dark AMMs marks a shift in trading preferences within the crypto space.

Read more at Yahoo Finance: Latest Solana News and SOL USD Price Prediction This Week