Investment
Features
FeesSafety
Academy
More
Pluang+

Solana price nears $73 amid governance proposals and large token sales, eyes $76 breakout for recovery.

Market News
07 Aug 2026
Blockonomi
View Source
Neutral
pluang ai news

Solana (SOL) traded near $72.91, down 1.47% in 24 hours, facing resistance around $73.35 and key breakout level at $76. Governance proposals SGP-0002 and SGP-0003, which aim to reduce token supply growth, are in final discussion until August 22. Meanwhile, Pump.fun sold 84,789 SOL worth $6.25 million, adding market supply. Analyst Michaël van de Poppe sees a confirmed break above $76 as a potential trigger for a recovery toward $120, while traders watch support near $70.65 and await the governance vote outcome.

More News (SOL)

Five key cryptocurrencies recommended for balanced long-term portfolios include Bitcoin, Ethereum, Solana, Chainlink, and Hyperliquid.

Five key cryptocurrencies recommended for balanced long-term portfolios include Bitcoin, Ethereum, Solana, Chainlink, and Hyperliquid.

Financial analysts highlight five cryptocurrencies as core components for a balanced long-term investment portfolio. Bitcoin serves as a stable foundation due to its limited supply and institutional acceptance. Ethereum leads in smart contract and De...

Analyst Insights
Bullish
5 hours ago
Bonk meme coin hits 3-year low after Upbit announces September delisting

Bonk meme coin hits 3-year low after Upbit announces September delisting

South Korea's Upbit exchange will delist the Bonk (BONK) meme coin on September 7, ending its KRW and USDT trading pairs. This decision follows a security incident and failure by BONK's operators to disclose key information, leading Upbit to conclude...

Market News
Bearish
5 hours ago
Selective inflows into U.S. altcoin ETFs as XRP and Hyperliquid gain, Solana sees outflows.

Selective inflows into U.S. altcoin ETFs as XRP and Hyperliquid gain, Solana sees outflows.

U.S.-listed altcoin ETFs showed mixed investor flows on August 6, with XRP and Hyperliquid ETFs attracting net inflows while Solana ETFs experienced outflows. XRP ETFs gained $3.45 million, primarily in Franklin’s XRPZ and Bitwise’s spot XRP ETF, ind...

Market News
Neutral
5 hours ago
Solana price drops 10% amid weak technicals despite strong blockchain revenue growth

Solana price drops 10% amid weak technicals despite strong blockchain revenue growth

Solana (SOL) has fallen 10% over the past month, breaking key trend line support and trading below its 100-day and 200-day moving averages, signaling bearish momentum. Despite this price weakness, Solana's blockchain fundamentals remain strong, with ...

Technical Signals
Bearish
6 hours ago
DeFi TVL dips to $75B as Ethereum keeps majority share amid cautious market moves

DeFi TVL dips to $75B as Ethereum keeps majority share amid cautious market moves

DeFi's total value locked (TVL) slightly declined to $75.12 billion, down 0.3% from last week and about 34% below the year's peak, reflecting cautious capital deployment despite steady network activity. Ethereum remains dominant with over 55% of TVL ...

Protocol Fundamentals
Neutral
9 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App