Western Union, a global money transfer company, has selected Solana as the blockchain for its forthcoming stablecoin settlement system. In addition to leveraging Solana's infrastructure, Western Union's Digital Asset Network will also utilize the USDPT stablecoin.
The company's planned entry into the cryptocurrency market, expected to launch in early 2026, has significantly boosted bullish sentiment for Solana's price. As the broader market recovers and cryptocurrencies achieve new regulatory milestones, traders are increasing their exposure to new digital assets to capitalize on potential market rallies. DeepSnitch AI, for example, has raised $476,000 in the second stage of its presale, generating anticipation for a substantial return on investment post-launch. Investors are citing the project's upcoming AI analytics suite and its broad appeal as positive indicators for its future success.
Solana Identified as the Optimal Stablecoin Platform
On October 28, Western Union announced the development of a stablecoin settlement platform that will operate on the Solana Blockchain. During its third-quarter earnings call, Western Union provided details about its stablecoin system, which will encompass the USDPT token and the Digital Asset Network, developed with assistance from Anchorage Digital Bank. The USDPT stablecoin is slated for release in the first quarter of 2026, aiming to enhance customer accessibility.
The remittance platform intends to utilize the Solana network as a cash off-ramp, serving over 150 million customers across 200 countries.
According to Devin McGranahan, Western Union's CEO, the Solana blockchain was chosen after a thorough evaluation of various networks.
McGranahan also indicated that the passage of the GENIUS Act was a pivotal moment for the company's shift towards cryptocurrency adoption, despite initial concerns regarding volatility and regulatory uncertainty. Consequently, Western Union has embraced blockchain technology for remittances, citing its inherent transparency and cost-efficiency compared to traditional payment systems.
This development aligns with projections for the stablecoin market, which is expected to reach a valuation of $2 trillion by 2028. An increasing number of traditional financial institutions are entering this market, with recent examples including payment platform Zelle, which announced its own stablecoin launch to facilitate more efficient cross-border payments.
In addition to a stable forecast for Solana (SOL), positive market sentiment is anticipated to extend to other altcoins, particularly those in presale stages, which may offer higher earning potential.
Key Altcoins for 2026
DeepSnitch AI: Poised for Significant Growth?
Despite being an early-stage presale project, DeepSnitch AI is focusing on practical utility rather than just hype. Having raised $476,000 in its second stage, the project has attracted investor interest based on its underlying solution and perceived future potential.
DeepSnitch AI aims to create a leading cryptocurrency analytics platform, utilizing autonomous AI agents to extract actionable insights from raw blockchain data.
The core of DeepSnitch AI is a centralized dashboard that aggregates data from various sources, enabling users to conduct scans. One of its AI agents will monitor social media and alpha groups, alerting users to even minor shifts in sentiment. This agent can also track whale wallet movements and potential FUD (Fear, Uncertainty, Doubt) storms.
Furthermore, traders can use the dashboard to scan tokens, assess their upside potential, and identify any rug pull risks.
Beyond its utility, DeepSnitch AI is expected to deliver substantial returns for traders due to the wide appeal of its core offering, which can benefit most active market participants. With numerous community predictions suggesting 100x returns, a conservative forecast for the DSNT token is $1.
Currently priced at $0.02073, an investment of $1,000 could potentially grow to $50,000 if the $1 price target is achieved. While this may seem ambitious, it is important to note that other AI-focused cryptocurrencies have experienced significant success, providing early investors with extraordinary gains.
Having already raised $476,000, DeepSnitch AI is progressing to its third presale stage, which is expected to lead to a price increase as demand grows.
Solana Price Prediction 2025: Gaining Momentum for a Rally?
On October 28, Solana's price fell below its $200 support level, according to CoinMarketCap data.
Given that other cryptocurrencies have experienced similar price fluctuations as the market anticipates Federal Reserve rate cuts and resolution of tariff tensions, the forecast for SOL remains positive.
Analysts suggest that the recent test of the $205 resistance level, followed by a dip to $194, represents typical market consolidation. As market momentum increases, SOL is expected to close above $205, potentially leading to a surge towards $215 in the short term.
However, if SOL fails to break the $200 mark again, its price could decline towards $182.
It is noteworthy that the potential approval of Solana ETFs by the SEC, coupled with Western Union's recent announcement, could further drive up SOL's price in the fourth quarter. While the coin is expected to maintain stability due to network adoption, its higher entry point might limit the astronomical upside potential seen in presale tokens.
XRP Price Prediction: Can XRP Recover?
According to CoinMarketCap, XRP maintained its position around the $2.60 mark on October 28.
The subdued momentum might be concerning for some, but similar to the Solana price prediction, XRP's slight dip into the lower $2.60 zone appears to be a temporary downward correction.
Most analysts anticipate a renewed upward movement that could push XRP towards the $2.65 resistance level, followed by a test above $2.68.
If bullish pressure is sustained, XRP could surpass $2.70 and challenge the $2.80 area.
Conversely, if this upward trend does not materialize, XRP might remain within its current $2.60 range, though this does not preclude a subsequent rally.
The Mainstreaming of Cryptocurrency
As major companies like Western Union expand their involvement in the cryptocurrency space, the market is poised for further growth. While short-term uncertainties may have tempered a significant October rally, traders are optimistic that the remainder of the fourth quarter will be characterized by bullish activity.
The Solana price prediction indicates a clear upward trajectory; however, the potential upside might not be substantial enough to generate massive gains for retail investors, especially those with smaller investment amounts.
This is a key reason why projects like DeepSnitch AI are gaining traction in October. With an accessible entry price of $0.02073 and its presale status, the DSNT token could potentially offer investors substantial returns with a modest investment of $1,000.
Frequently Asked Questions
How does Western Union’s stablecoin project impact the Solana price prediction?
Western Union's decision to utilize Solana for its USDPT stablecoin and Digital Asset Network significantly bolsters long-term confidence in SOL, validating Solana's scalability and cost-efficiency for institutional use.
What are analysts predicting for Solana’s price in 2025?
Analysts anticipate Solana will consolidate around the $200 level before targeting $215 in the short term. Continued bullish momentum and potential ETF approvals could lead to a stronger rally phase for SOL by year-end.
Why is DeepSnitch AI highlighted as a potentially good investment?
As institutional adoption of Solana grows, retail investors are seeking more accessible investments with high upside potential. DeepSnitch AI, an early-stage AI trading suite that has already raised $476,000, is attracting attention as a presale project with potential for 100x returns, offering an alternative growth avenue to established cryptocurrencies like SOL.