Solana (SOL) has experienced its longest losing streak ever, closing eight consecutive red monthly candles from October 2025 to May 2026, with its price dropping from a peak of over $220 to around $81. Despite this significant price decline and a market cap loss of about $78 billion, Solana's network metrics remain robust, with over 75 million daily transactions and $5.4 billion in DeFi value locked. The price weakness is attributed to tight macroeconomic conditions, fading retail interest, and repeated resistance near $85 to $90. Traders are closely watching the $80 support level, which could signal either a recovery or further decline toward $70. Ongoing network upgrades and potential institutional inflows offer some optimism for a rebound later in 2026 if broader market conditions improve.
Solana's price recovered from a Q1 2026 low near $60 to around $90 by late May, driven by the Alpenglow consensus upgrade test launch, Firedancer validator rollout, and over $1.12 billion in cumulative spot ETF inflows. Institutional interest grows w...
Solana (SOL) is currently trading within a tightening range between two trendlines, with $68.02 identified as a critical support level to maintain its bullish outlook. A breakout above this range could push SOL toward $98 initially, with further resi...
Two competing proposals, SIMD-547 and SIMD-0411, are under active debate to improve Solana's tokenomics. SIMD-547 suggests a resource-based fee that could increase daily SOL burn by 16 to 100 times, potentially making SOL deflationary during high usa...
Hyperliquid (HYPE) reached a new high of $70.36 driven by strong buying from major investors and institutional interest, including a $3.12 million purchase by a large wallet. Former BitMEX CEO Arthur Hayes predicts HYPE will surpass Solana's market c...
Solana (SOL) hovered around $80 after Goldman Sachs fully exited its Solana-related ETF exposure, signaling reduced institutional demand. Large token sales by a major meme-coin platform added selling pressure, contributing to a weakening price moment...
