FeesSafety
Pluang+

Solana briefly surpassed NYSE in weekly trade executions, signaling rapid growth but cautioning on revenue stability.

Protocol Fundamentals
09 Nov 2026, 17:54 WIB
Crypto Briefing
View Source
Bullish
Solana briefly surpassed NYSE in weekly trade executions, signaling rapid growth but cautioning on revenue stability.

A Fidelity Digital Assets report reveals that Solana's blockchain briefly exceeded the New York Stock Exchange in weekly trade executions in 2026, capturing about 15% of US exchange trade counts compared to 0.3% in 2022. This surge reflects a 100-fold increase in weekly trades and significant growth in tokenized asset volumes and derivatives trading on Solana. However, Fidelity warns that despite rising trade counts, network revenue slightly declined from 2024 to 2025 due to low fees and market cyclicality, indicating that high activity does not guarantee proportional income. The report highlights Solana's growing role in financial market infrastructure but advises caution as trading volumes fluctuate with market conditions.

As of Nov 09, 2026 23:03 WIB, Solana (SOL) trades at Rp1.588.407 on Pluang, showing a 1-day decline of 2.09%. The platform records a market cap of Rp931,98 trillion and a 24-hour trading volume of Rp54,29 trillion, with a majority of 69% buy orders and a typical hold time of 72 days. This data highlights active investor interest despite the recent price dip, complementing the report's note on Solana's significant trade execution growth in US markets.

More News (SOL)

Solana's activity on major US exchanges jumps to 15% in 2026, signaling growing market acceptance.

Solana's activity on major US exchanges jumps to 15% in 2026, signaling growing market acceptance.

Fidelity Digital Assets reports that Solana now accounts for 15% of activity on major U.S. stock exchanges in 2026, up sharply from 0.3% in 2022. This rise highlights Solana's expanding role in the financial ecosystem, mainly through crypto-native as...

Market News
Bullish
5 hours ago
Solana price falls below $85 key level amid rising leveraged futures positions, signaling potential volatility ahead.

Solana price falls below $85 key level amid rising leveraged futures positions, signaling potential volatility ahead.

Solana's price dropped below its 200-day average to around $86, with a critical support level at $85 holding twice recently. Meanwhile, leveraged futures positions on OKX increased by 24 percent despite the price decline, indicating many traders are ...

Technical Signals
Neutral
6 hours ago
BNB Chain tops blockchain activity with 4.86M daily active addresses, outpacing Solana and Ethereum.

BNB Chain tops blockchain activity with 4.86M daily active addresses, outpacing Solana and Ethereum.

BNB Chain recorded 4.86 million active addresses in a single day, more than doubling Solana's 1.97 million and surpassing Ethereum's 535,100, according to DeFiLlama data from November 9, 2026. This highlights BNB Chain's strong position in blockchain...

Protocol Fundamentals
Bullish
6 hours ago
Wallet linked to UXLINK exploit sells $148M in ETH, SOL, XRP longs, locking $3.3M loss amid crypto selloff

Wallet linked to UXLINK exploit sells $148M in ETH, SOL, XRP longs, locking $3.3M loss amid crypto selloff

A wallet connected by analysts to the UXLINK exploit began selling $148 million worth of long positions in Ethereum, Solana, and XRP on Hyperliquid on November 9. The sale is executed via a 16-hour TWAP order, expected to realize a $3.3 million loss ...

Market News
Bearish
7 hours ago
Dogecoin is the only major crypto to gain open interest in Nov. 8 futures snapshot, XRP leads funding rates.

Dogecoin is the only major crypto to gain open interest in Nov. 8 futures snapshot, XRP leads funding rates.

On November 8, Dogecoin (DOGE) was the only one among five major cryptocurrencies to see an increase in open interest for perpetual futures, rising 0.47% to $180.5 million. XRP posted the highest funding rate at 0.0085% every eight hours, equivalent ...

Neutral
7 hours ago
banner-footerbanner-footer

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