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 usage hits record high as SOL token surpasses $80 amid growing DeFi adoption.

Protocol Fundamentals
03 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Solana's network usage reached all-time highs in mid-2026, processing nearly 3.8 billion transactions in June alone and maintaining about 7 million daily active addresses. Despite this surge in activity, the SOL token trades around $80, significantly below its $294 peak in January 2025. The network's low fees and high throughput attract decentralized finance applications and institutional interest, with over $2.5 billion in tokenized real-world assets on Solana. Investors should watch if this usage growth is sustainable and how crossing the $80 price level might influence market sentiment and capital inflows.

More News (SOL)

Solana usage peaks as SOL price climbs above $80, eyeing $90 potential in July

Solana usage peaks as SOL price climbs above $80, eyeing $90 potential in July

Solana's network usage hit a record high with 3.77 billion non-vote transactions in June 2026, driving the SOL token price above $80. This surge reflects growing adoption and on-chain activity, suggesting a favorable environment for further price gai...

Protocol Fundamentals
Bullish
5 hours ago
SOL price rebounds above $72 but onchain data signals weakening momentum.

SOL price rebounds above $72 but onchain data signals weakening momentum.

The cryptocurrency SOL has regained its price level above $72, indicating a short-term recovery. However, onchain data suggests that the momentum behind this price increase is weakening, which could imply limited upside potential in the near future. ...

Protocol Fundamentals
Bullish
8 hours ago
Solana stabilizes but needs a volume-driven breakout to confirm trend reversal.

Solana stabilizes but needs a volume-driven breakout to confirm trend reversal.

Solana (SOL) has stabilized after recent selling pressure, trading in a tight range between mid-$70s and low-$80s. Despite this, it remains below key moving averages, indicating the bearish trend is not fully reversed. Analysts emphasize that a clear...

Technical Signals
Neutral
10 hours ago
Ex-Blackrock exec defends Ethereum's decentralization edge over Solana amid validator count drop.

Ex-Blackrock exec defends Ethereum's decentralization edge over Solana amid validator count drop.

Joseph Chalom, former Blackrock exec and Sharplink co-CEO, defends Ethereum against claims of a "culture problem," highlighting its 900,000+ validators and over one million developers as key to its decentralization advantage over Solana, which has ab...

Market News
Bullish
10 hours ago
Stargate LLM bridges crypto holders to AI market with $STARGATE token presale underway.

Stargate LLM bridges crypto holders to AI market with $STARGATE token presale underway.

XRP and Solana, while effective in their roles for payments and decentralized apps, do not provide crypto holders access to the booming AI sector. Stargate LLM aims to fill this gap by offering a crypto-native AI platform accessible via crypto wallet...

Market News
Neutral
11 hours ago
banner-footerbanner-footer

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