Solana's price surged nearly 7% from $72.49 to $77.36, breaking out of a five-week descending channel driven by proposals to reduce future supply and growing institutional adoption. Key proposals aim to double the inflation decline rate and increase daily token burns, potentially tightening supply. Institutional moves by BlackRock and Western Union also boost Solana's role in regulated financial infrastructure. The price now targets resistance levels at $78 and $80, with a confirmed daily close above $78 signaling stronger bullish momentum. However, the broader trend reversal remains unconfirmed as Solana trades well below its earlier highs.
Technical analyst Peter Brandt highlights a rare 5-year cup-and-handle pattern forming on Solana's chart, suggesting a possible 106% price increase from $116 to $240. This pattern, spanning from Solana's 2021 peak through the 2022 crypto winter low, ...
U.S. investors have heavily invested in Solana, with spot Solana ETFs recording $47.62 million in net inflows on September 18, all into Bitwise’s Solana Staking ETF (BSOL). This raised total assets under management for Solana ETFs to about $1.62 bill...
Solana has become the top blockchain for decentralized exchange (DEX) volume, regularly exceeding $17 billion weekly and surpassing $3 trillion in cumulative trades. Key drivers include stablecoin swaps, memecoin transactions, and tokenized equities,...
Render token surged about 19% to $1.83, marking it the second strongest AI-related crypto after Sui on September 21, 2026. The rise reflects growing demand for Render's GPU-based distributed computing service, which supports 3D rendering and AI train...
Solana's price rose 7.6% to $116.63, while its largest app, Jupiter, jumped 13% to $0.305, reflecting a capital shift from the base chain to applications. Jupiter benefits from increased trading volume on Solana, which boosts its fees and token buyba...
