Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Solana surges 27%, hits $80 support, eyeing $96 after record 1 billion transactions on its blockchain.

Technical Signals
07 Jul 2026
FXEmpire
View Source
Bullish
pluang ai news

Solana (SOL) has gained 27% in the past month, making it the top-performing altcoin among the top 5 tokens. The price recently bounced off the $60 level and has now consolidated around $80, a key support zone, with increased trading volumes. The Solana blockchain hit a milestone of 1 billion transactions last week, signaling high activity despite low application fees. Technical indicators suggest a bullish momentum, with SOL potentially rising to $96 if it retests the 200-day moving average. Wall Street interest is returning, as seen in recent net inflows to Solana ETFs. This sets the stage for a possible strong upward move in SOL's price.

More News (SOL)

Solana struggles to break $83 resistance, with next move tied to Bitcoin's stability and market sentiment.

Solana struggles to break $83 resistance, with next move tied to Bitcoin's stability and market sentiment.

Solana (SOL) is testing a key resistance level around $82-$83 but has failed multiple times to break through, making this a critical point for its near-term trend. Its price movement is closely linked to Bitcoin's stability; if Bitcoin weakens, Solan...

Technical Signals
Neutral
4 hours ago
Solana founder debunks Bitcoin-only value myth, highlights unique ownership of true tokens.

Solana founder debunks Bitcoin-only value myth, highlights unique ownership of true tokens.

Solana founder Anatoly Yakovenko challenges the belief that only Bitcoin holds real value, arguing that "true tokens" like Solana's provide a unique form of ownership based on mathematical power rather than legal rights. He explains that unlike tradi...

Protocol Fundamentals
Bullish
6 hours ago
Trump backs crypto, highlights US leadership; stablecoin transactions hit $1.79T, Ethereum gains market interest.

Trump backs crypto, highlights US leadership; stablecoin transactions hit $1.79T, Ethereum gains market interest.

U.S. President Donald Trump expressed strong support for cryptocurrency, emphasizing the need for America to lead in digital assets to compete with China. He criticized previous regulatory approaches that hindered crypto industry growth. Meanwhile, s...

Market News
Bullish
6 hours ago
Solana rallies past $81 on record network activity and tokenized stock issuance.

Solana rallies past $81 on record network activity and tokenized stock issuance.

Solana's price surged above $81 driven by record on-chain activity and the issuance of tokenized stocks worth $295 million on its network. Institutional interest remains strong, supported by steady ETF inflows and new governance features enhancing ne...

Protocol Fundamentals
Bullish
9 hours ago
Over $430M in crypto liquidations hit as Bitcoin holds steady but altcoins slide amid risk-off mood.

Over $430M in crypto liquidations hit as Bitcoin holds steady but altcoins slide amid risk-off mood.

More than $430 million in leveraged crypto positions were liquidated in the past 24 hours as Bitcoin remained steady around $102,000 while major altcoins like Ethereum, Solana, and XRP declined. The liquidations, concentrated mostly in Bitcoin and Et...

Market News
Neutral
10 hours ago
banner-footerbanner-footer

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