Fidelity Solana Fund Tokenized Stock (Ondo) PriceFSOLON

What is Fidelity Solana Fund Tokenized Stock (Ondo) (FSOLON)?

Fidelity Solana Fund Tokenized Stock (Ondo) (FSOLON) is a tokenized equity product issued through Ondo Finance's tokenization platform. It represents the Fidelity Solana Fund (FSOL), a Fidelity spot crypto exchange-traded product (ETP) that invests solely in SOL, the native token of the Solana network. By wrapping the underlying fund into an on-chain token, FSOLON provides 24/7 access to tokenized equities. It allows non-U.S. investors to gain exposure to U.S. equities and ETFs around the clock. The token is part of Ondo Global Markets' expansion to the Solana network, which offers over 200 tokenized U.S. stocks and ETFs onchain. FSOLON is listed among more than 250 tokenized stocks and ETFs available through Ondo. The underlying Fidelity Solana Fund holds 100% cryptocurrency and does not invest in securities. It is therefore not subject to the Investment Company Act of 1940. The fund participates in staking activity and distributes staking rewards to investors across four total distributions per year. Staking fees are deducted from rewards before distribution.

Key Specifications & Tokenomics

• Name: Fidelity Solana Fund Tokenized Stock (Ondo)
• Ticker / Symbol: FSOLON; also written as FSOLon; on some platforms as FSOLON.CRYPTO
• CoinMarketCap ID: 39738
• Category: Tokenized stock / Tokenized equity; Real-world asset (RWA)
• Underlying asset: Fidelity Solana Fund (FSOL), a Fidelity spot crypto ETP investing solely in SOL
• Tokenization platform: Ondo Finance (Ondo Global Markets)
• Blockchain / network context: Solana network
• Consensus mechanism: Solana proof-of-stake (for the underlying network)
• Smart contracts: Issued via Ondo Finance's tokenization infrastructure on Solana
• Contract address (Solana): BJhPr9SM7uZTZXHeSLYmUk7CjGQq1esFkVxPF5tondo
• Block explorer: https://solscan.io/token/BJhPr9SM7uZTZXHeSLYmUk7CjGQq1esFkVxPF5tondo
• Max supply: No fixed cap is published; as a tokenized fund share, the token supply expands or contracts with minting and redemption demand through Ondo Global Markets.
• Circulating supply: 42 FSOLON (100% of total supply).
• Official product page (Ondo): https://app.ondo.finance/assets/fsolon
• Underlying fund page (Fidelity): https://institutional.fidelity.com/advisors/investment-solutions/asset-classes/alternatives/fidelity-solana-fund
• CoinMarketCap page: https://coinmarketcap.com/currencies/fidelity-solana-fund-tokenized-stock-ondo/

Who created Fidelity Solana Fund Tokenized Stock (Ondo)?

The product sits at the intersection of two established financial institutions. The underlying fund, the Fidelity Solana Fund (FSOL), is issued by Fidelity, a firm with a track record in cryptocurrency research and blockchain solutions dating back to 2014. Fidelity's spot crypto ETP lineup includes FBTC (Fidelity Wise Origin Bitcoin Fund), FETH (Fidelity Ethereum Fund), and FSOL (Fidelity Solana Fund). The tokenization layer is provided by Ondo Finance through Ondo Global Markets. Ondo Finance's technology also underpins Ondo Perps, an equity perpetuals platform launched on July 7, 2026. Together, Fidelity's asset management expertise and Ondo's tokenization infrastructure enable FSOLON. Detailed public information on individual team members behind the tokenized product is currently limited.

How does Fidelity Solana Fund Tokenized Stock (Ondo) work?

FSOLON functions as a tokenized representation of the Fidelity Solana Fund (FSOL) on the Solana blockchain. The underlying FSOL is a spot crypto ETP that invests solely in SOL, the native token of the Solana network. SOL is used to pay for on-chain transactions, as a potential investment, as an aspiring payment method, and for trading on crypto exchanges. The Solana network itself is a programmable blockchain designed to support decentralized applications and crypto assets at scale. It is a decentralized computing platform built for scalable smart contract execution and high-speed transactions. FSOL participates in staking activity, pledging SOL as collateral to validators who contribute to network security. Staking rewards are distributed to investors over four total distributions per year, with staking fees deducted before distribution. The tokenized version, FSOLON, extends this structure on-chain. It allows users to trade tokenized Fidelity Solana Fund stock with live pricing and 24/7 access. Trading pairs include FSOLon/USDT and FSOLon/IYWon. The token can be bought, sold, swapped across blockchains, and traded with leverage through perpetual contracts, subject to the platform's margin rules.

What makes Fidelity Solana Fund Tokenized Stock (Ondo) unique and valuable?

FSOLON combines several distinctive elements. First, it provides indirect exposure to SOL through a regulated investment product structure, the spot crypto ETP, which trades on traditional stock market exchanges. Second, the tokenized format extends access beyond stock market hours, offering 24/7 on-chain trading to non-U.S. investors. Third, the underlying fund's staking activity allows investors to potentially gain access to lower correlated income through staking reward distributions, a feature not available in many traditional equity products. Fourth, the product is part of Ondo Global Markets' expansion to the Solana network, which offers over 200 tokenized U.S. stocks and ETFs onchain. Fifth, Fidelity's long-standing institutional experience in digital assets since 2014 and its competitive pricing and no-lockup structure add credibility. The combination of Fidelity's asset management and Ondo's tokenization technology creates a bridge between traditional finance and on-chain markets. It gives investors a way to access U.S. equities and ETFs through blockchain infrastructure.

What is Fidelity Solana Fund Tokenized Stock (Ondo) used for?

FSOLON serves multiple purposes within the on-chain ecosystem. It provides tokenized exposure to the Fidelity Solana Fund, which itself invests solely in SOL. Holders can use FSOLON to gain indirect exposure to SOL's price movements without directly owning the cryptocurrency. The token enables 24/7 on-chain trading, allowing users to buy, sell, and swap the asset at any time. It can be swapped across blockchains and traded with leverage through perpetual contracts, subject to the platform's margin rules. For non-U.S. investors, it offers a pathway to access U.S. equities and ETFs through blockchain rails. The token also functions as a conversion pair against other Ondo tokenized assets, such as IYWon (iShares US Technology ETF Ondo Tokenized), OPRAon (Opera Ondo Tokenized), and others. This enables diversified tokenized portfolio construction on-chain. Its role as a tokenized stock makes it part of the broader movement to bring traditional financial instruments onto decentralized networks.

How Is the Fidelity Solana Fund Tokenized Stock (Ondo) ecosystem developing?

The ecosystem around FSOLON has seen several significant developments. FSOLON was listed on CoinMarketCap on March 24, 2026. Ondo Global Markets expanded to the Solana network, offering over 200 tokenized U.S. stocks and ETFs onchain. On July 7, 2026, Ondo Perps launched, built on technology developed by Ondo Finance. Ondo Finance also announced that Solana received new tokenized stocks, many onchain for the first time, including Galaxy Digital (GLXYon) and Fidelity Solana Fund (FSOLon), with the latter standing among 250+ tokenized stocks and ETFs. These milestones reflect ongoing growth in the tokenized equity sector.

How to mine Fidelity Solana Fund Tokenized Stock (Ondo)?

FSOLON is not mined in the traditional sense. It is a tokenized equity product issued through Ondo Finance's platform and does not rely on proof-of-work mining. The underlying asset, SOL, operates on the Solana network, which uses a proof-of-stake consensus mechanism. Staking is the process of pledging crypto assets as collateral to become a validator on a blockchain network, receiving rewards in return for contributing to the network's security. Similar to miners in a proof-of-work network like Bitcoin, validators on a proof-of-stake network such as Ethereum or Solana validate and organize new transactions. The Fidelity Solana Fund participates in staking activity and expects to receive staking rewards, which are distributed to investors over four total distributions per year after staking fees are deducted. However, staking comes with risks: the amount of SOL received as rewards can vary significantly over time. There is also a risk of loss of SOL through slashing penalties if third-party validators validate incorrect transactions or go offline for prolonged periods. There is no guarantee the Trust would recover any staked assets or their value.

How to keep your Fidelity Solana Fund Tokenized Stock (Ondo) safe?

Keeping FSOLON safe requires attention to both the underlying asset risks and the tokenized structure. The Fidelity Solana Fund invests solely in SOL, which is highly volatile and could become illiquid; investors could lose their entire investment. The product is intended for investors with a high risk tolerance. On the tokenization side, users should be aware that FSOLON is issued by Ondo Finance; the Fidelity name and trademarks belong to Fidelity and are referenced only to identify the underlying fund. When holding FSOLON, use secure wallets and consider the trade-offs between direct ownership and indirect exposure. Direct ownership of cryptocurrency means the investor owns the actual assets and is individually responsible for secure custody via a wallet or third-party custodian. In doing so, the investor may have access to 24/7 trading and can move assets via the blockchain. Fees paid on transactions are defined by individual exchanges, typically based on transaction size, demand for block space, and the exchange's fee model. Third-party custodians may also apply a custody fee. Always verify contract addresses and use trusted platforms when buying, selling, swapping, or staking FSOLON.

How to buy Fidelity Solana Fund Tokenized Stock (Ondo)

Purchasing FSOLON generally follows a straightforward process. First, choose a platform that supports the token, such as Ondo's official app or other platforms where FSOLON is listed. Second, create and verify an account if required. Third, deposit supported assets, such as USDT or other accepted cryptocurrencies. Fourth, locate the FSOLON trading pair and place a buy order. Fifth, consider transferring the purchased tokens to a secure wallet for safekeeping. FSOLON can also be acquired through conversion from other Ondo tokenized assets, such as IYWon. Before buying, review the product's risk disclosures and ensure you understand the underlying fund's exposure to SOL and the tokenization structure. Always conduct independent research and consult a financial advisor if needed.