Solana's active addresses surged to 4.7 million in the past week, indicating increased user engagement on its network. This rise, combined with growing token accumulation by long-term holders and a favorable Price-to-Sales ratio of around 2, suggests the token may be undervalued and poised for a price increase. The key technical hurdle is the $75 resistance level, with a successful breakout potentially leading to further gains toward $83. These factors together support a bullish outlook for Solana's near-term market performance.
Bitcoin surged back above $60,000 after Federal Reserve Chair Kevin Warsh indicated that inflation risks have decreased, providing a positive boost to the crypto market. Solana led major cryptocurrencies with a 16% weekly gain, while other tokens sho...
Solana Foundation has introduced Solana Governance Proposals (SGPs), enabling validators with at least 100,000 SOL staked to propose and move major network direction questions into stake-weighted onchain votes. A proposal requires support from 15% of...
Solana's staked market capitalization rose sharply by 13.78% to $32.87 billion, reinforcing its position as the second-largest staking network after Ethereum, which remains the largest with $64.14 billion but saw a slight decline. This growth highlig...
Bitcoin (BTC) and major altcoins like Solana (SOL) and Ethereum (ETH) experienced a significant decline in futures long positions across both USDT-margined and coin-margined markets, indicating broad trader de-risking. The largest drops were seen in ...
Solana's decentralized applications generated $257 million in revenue during Q2 2026, maintaining its lead over all Layer 1 and Layer 2 blockchain networks for the ninth consecutive quarter. Key platforms Pump.fun and Axiom contributed 62% of this re...
