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Lora Finance shifts v2 protocol from MegaETH to Solana amid growing DeFi activity and SOL price near $77.

Protocol Fundamentals
02 Jul 2026
Crypto Economy
View Source
Bullish
pluang ai news

Lora Finance has migrated its v2 protocol from the MegaETH Layer 2 network to the Solana blockchain, citing Solana's faster transaction speeds, deeper liquidity, and broader asset access. This move aligns with Solana's rising network activity, which includes nearly 7 million active addresses and an average of 1,100 transactions per second. Despite a 16% weekly price increase, Solana's token (SOL) remains significantly below its all-time high, with key support at $73 and resistance near $80. The upcoming Alpenglow consensus upgrade later this year could influence SOL's price trajectory further.

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