Solana's price fell about 21% in June 2026 due to intensified whale selling and broader market liquidations, pushing the price down to around $66 and raising concerns about a further drop to $50. Large holders, or whales, have been reducing their Solana exposure, accelerating the decline given Solana's concentrated holder base and high volatility relative to Bitcoin. Despite the price drop and bearish sentiment, Solana is undergoing significant technical upgrades, including the Alpenglow consensus overhaul and the Firedancer validator client, which aim to improve transaction finality, network performance, and reliability. The future price direction depends on whether institutional demand, such as potential Solana ETFs, materializes to offset whale selling and macroeconomic pressures, making Solana's near-term outlook bearish but its long-term fundamentals potentially strong.
On September 9, 2026, Solana broke its record by issuing 263,000 new SPL tokens, mostly memecoins via Pump.fun. Despite this token surge, Solana's true strength lies in its $5.09 million daily revenue from diverse applications, 50% higher than its cl...
Bitwise CIO Matt Hougan predicts Bitcoin, Solana, Hyperliquid, and Uniswap will benefit greatly from the growing tokenization of real-world assets (RWA) like stocks and bonds. The total value of tokenized assets has surged to $31.73 billion, reflecti...
A trader invested $2,600 in PONS cryptocurrency on its launch day via Robinhood Chain and saw the investment grow to over $1.2 million. The trader has already cashed out $77,400 while still holding about $1.08 million worth of PONS tokens. This highl...
SEC Chairman Paul Atkins will deliver the closing keynote at the Solana Policy Institute's summit in Washington, D.C. on September 14, highlighting Solana's role in modern finance and regulatory clarity. The event also features SEC Commissioner Heste...
Bitcoin price fell 1.31% to around $77,278 on September 10, pressured by hotter-than-expected US producer inflation and concerns over a Federal Reserve rate hike. The price broke key technical supports, including the daily Bollinger Band midpoint and...
