Big developments for $SOL as Solana adoption accelerates: Brera Holdings has rebranded to “Solmate” and is now transforming into a crypto-treasury firm, using Solana (SOL) as its core holding.

Brera Holdings, now rebranded as Solmate, announced a $300M investment backed by Cathie Wood and UAE investors, making Solana its core treasury asset.

Meanwhile, the SEC has approved generic listing standards for spot crypto ETFs, clearing a faster path for products tied to $SOL and other major altcoins.

On the charts, $SOL is testing resistance around $245-253, with strong support between $220-230. A clean breakout could see targets in the $260+ zone.