Solana's Real Economic Value (REV), which measures network revenue from transaction fees, reached its highest weekly level since January 2026. This rebound follows months of decline after the memecoin craze cooled, driven by surging transaction volumes and a record stablecoin supply of $17.63 billion in August. Solana processed 5.2 billion non-vote transactions in August, surpassing all other Layer 1 and Layer 2 networks combined. Technical upgrades and governance changes are shifting validator income towards transaction fees, signaling a focus on sustainable revenue growth for the ecosystem.
Solana's market cap stands at Rp1.254,23 trillion as of September 28, 2026, with a 24-hour trading volume of Rp68,88 trillion on Pluang. Despite the recent peak in Real Economic Value driven by transaction fees, SOL's price is down 1.89% at Rp2.143.508, reflecting some selling pressure with 71% of Pluang orders being sell orders. The typical hold time for SOL on Pluang is 70 days, indicating moderate investor engagement as the network focuses on sustainable revenue growth.
A large trader on Hyperliquid increased leveraged long positions by nearly $12 million during a market decline on September 28. Over 60% of this new capital was allocated to Ethereum, with 2,750 ETH purchased at an average price of $2,684, totaling a...
Solana has reduced its target slot time from 400 milliseconds to 250 milliseconds, aiming to improve network efficiency while maintaining stable skipped-slot rates. This change has decreased inactivity periods caused by consecutive skipped slots but ...
A large transfer of 500,000 SOL worth about $60.5 million to Binance did not significantly impact Solana's price, which remained stable around $120. Meanwhile, whale long positions and Solana ETFs have surged, indicating growing bullish interest. Inc...
Solana has achieved a new weekly record by processing over 800 million non-vote transactions, reflecting real user activity like trades and DeFi interactions. This surge follows a July 29 upgrade that increased the compute limit per block by 66%, boo...
A wallet linked to Wintermute has built $126.25 million in short positions on Hyperliquid, with Ethereum short exposure at $46.92 million, followed by Solana and HYPE positions exceeding $10 million each. These shorts come as major cryptocurrencies l...
