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.
The Ethereum Foundation sold 2,785 ETH for about $6.42 million in USDS via CoW Swap, coinciding with Ethereum trading near the $2,300 support level. Ethereum's price dropped 1.17% in 24 hours and 4.58% over the past week, with analysts watching if bu...
On October 24, XRP's market capitalization surpassed Solana's, with XRP at about $81.68 billion versus Solana's $60.59 billion. However, by October 26, Solana led the XRP Ledger in decentralized finance (DeFi) value locked ($5.688 billion vs. $42.23 ...
Solana's tokenized equity holders have surged to a record 1.5 million, a fivefold increase since August, driven by memecoin trading pairs and token rewards. Despite this growth, SOL's price remains under pressure near $100 due to ETF withdrawals and ...
On October 26, Solana (SOL) briefly fell below the $100 mark, reaching a low of $99.88 during the daily trading session. However, it recovered to close at $101.46, with the day's price ranging from an opening of $101.63 to a high of $102.27. This mov...
The global cryptocurrency market lost 4.47% of its value within 24 hours, falling to $2.68 trillion as of early October 26. Bitcoin's price declined by 1.01% to $80,098, with trading volume reaching $49.27 billion. Ether experienced the largest drop ...
