Bitcoin and Solana rally accelerated on Thursday, August 28, 2025, as investors weighed blockbuster Nvidia earnings and stronger U.S. GDP growth. Bitcoin (BTC) and Solana (SOL) led gains across the crypto market, while Ethereum (ETH) and XRP also advanced. The Bitcoin and Solana rally reflects a broad risk-on sentiment tied to tech-led equity strength, a firmer S&P 500, and ongoing enthusiasm for AI chips. Correlated flows from equities, plus improving crypto-specific supply dynamics, explain how the move gathered momentum.
Nvidia earnings lift crypto
Nvidia earnings smashed expectations, with record quarterly profits driven by sustained demand for AI chips despite export restrictions. That surge lifted the S&P 500 and reinforced the equity-crypto correlation that often fuels the Bitcoin and Solana rally. When mega-cap tech firms beat, liquidity and risk appetite tend to spill into digital assets. The Bitcoin and Solana rally also benefits from portfolio rebalancing as traders rotate from single-stock bets into diversified crypto exposure.
U.S. GDP growth momentum
Better-than-expected U.S. GDP growth supported the risk-on sentiment powering the Bitcoin and Solana rally. A resilient economy reduces fears of a hard landing, while still leaving room for policy flexibility if inflation cools. That macro mix encourages traders to add beta, boosting BTC and SOL alongside growth stocks. In this backdrop, the Bitcoin and Solana rally stands on both earnings strength and macro resilience.
Solana staking and supply
Solana staking and supply dynamics further aided the Bitcoin and Solana rally. With more SOL staked and active treasury management by builders and foundations, circulating supply tightens at the margin. Token vesting schedules remain in focus, yet disciplined treasury management has softened expected sell pressure. This helps the Bitcoin and Solana rally extend as traders price in improved supply-demand balance for SOL.
FTX customer repayments impact
The bankruptcy estate’s progress on FTX customer repayments is another key variable. Clarity on timelines and controlled distributions can reduce fear of disorderly selling. Traders watching these flows expect measured execution and coordination with market makers and OTC desks to limit impact. That expectation underpins confidence in the Bitcoin and Solana rally, even as participants monitor token vesting unlocks and creditor repayments.
Institutional investors and desks
Institutional investors continue to add structure to crypto markets through futures, options, and basis trades, creating steadier liquidity for the Bitcoin and Solana rally. Market makers and OTC desks report active two-way flows, with demand concentrated in BTC and SOL while Ethereum (ETH) and XRP follow. This deeper market infrastructure allows large tickets to clear without dramatic slippage, supporting trend persistence when macro tailwinds line up.
Equity-crypto correlation watch
Traders now watch the equity-crypto correlation for cues on whether the Bitcoin and Solana rally can sustain. If the S&P 500 holds gains and tech leadership persists, AI chips demand and strong Nvidia earnings could keep sentiment buoyant. Any surprise in growth or inflation data may add volatility, but the Bitcoin and Solana rally has near-term support from liquidity, positioning, and improved on-chain supply signals.
Frequently asked questions about Bitcoin and Solana rally (FAQ)
What triggered the Bitcoin and Solana rally?
Nvidia earnings and U.S. GDP growth boosted risk-on sentiment. Strong AI chips demand and a rising S&P 500 improved the equity-crypto correlation, lifting BTC and SOL. Together, these factors sparked the Bitcoin and Solana rally.
How do Nvidia earnings influence crypto prices?
When Nvidia beats on AI chips demand, tech stocks rally. That strengthens the equity-crypto correlation and often drives capital into BTC and SOL, reinforcing the Bitcoin and Solana rally.
Does U.S. GDP growth support the Bitcoin and Solana rally?
Yes. Solid U.S. GDP growth lowers hard-landing fears and supports risk assets. This macro backdrop encourages traders to add exposure, extending the Bitcoin and Solana rally.
Will FTX customer repayments pressure Solana supply?
Repayments are closely watched. If executed via coordinated market makers and OTC desks, supply impact can be managed. Clear timelines and disciplined token vesting reduce shocks, helping the Bitcoin and Solana rally stay intact.
What other assets moved with the Bitcoin and Solana rally?
Ethereum (ETH) and XRP also gained as institutional investors increased activity, and treasury management plus Solana staking and supply trends improved overall market tone.
