The Solana blockchain processed over 1 billion non-vote transactions in a week ending July 6, with active wallets surging from 16.8 million to 29.7 million in two weeks. Tokenized assets on Solana reached $3.3 billion, up $1.1 billion since early May, highlighting strong network growth. However, despite this activity, SOL's price remains under pressure around $75 due to minimal transaction fees limiting coin burn and bearish technical patterns. The upcoming launch of the BlackRock-backed OUSD stablecoin on Solana could bring significant liquidity, but price gains depend on evolving tokenomics and overcoming resistance near $78-$79.
JupiterExchange has integrated Gacha mechanics into Solana's tokenized card market, allowing users to pull authenticated graded Pokémon and One Piece cards onchain with rewards up to $100,000. This move leverages Solana and Collector Crypt's technolo...
Solana has secured a major partnership with Japanese financial giant SBI Holdings and Sumitomo Mitsui Financial Group (SMFG) to develop Japan's real-world asset (RWA) markets on the blockchain. The collaboration will focus on tokenizing assets such a...
Spot Bitcoin ETFs attracted $197.4 million in net inflows during the week of July 6–10, breaking an eight-week streak of withdrawals that totaled about $8.26 billion. This reversal coincides with Bitcoin trading at around $63,917, below its spring hi...
SBI Holdings and the Solana Foundation have partnered to develop Japan's first on-chain financial market infrastructure. The project will focus on stablecoins, tokenized real-world assets like corporate bonds and real estate, cross-border payments, a...
Solana is currently defending a short-term support level near $74-$77, which keeps the potential for a move toward $87 and $100 alive. The price remains above a rising trendline and a cloud support zone, suggesting buyers are absorbing selling pressu...
