Solana's token SOL surged about 46% in August, closing near $103 after ten consecutive months of declines that saw it drop from its $294 peak to around $60. This marks Solana's first green monthly candle since September 2025, signaling a potential market turnaround. The rally was driven by $1.34 billion inflows into Solana ETFs, notably Bitwise's BSOL ETF, and a major on-chain governance milestone with Solana's first binding vote. Despite the strong monthly gain, some selling pressure appeared near the peak, indicating cautious optimism moving forward.
In August, Solana set a new all-time high by processing over 5.2 billion non-vote transactions, marking a 19% increase from July. This surge highlights growing user and application engagement on the Solana network, especially in DeFi. Alongside this ...
Solana's price remains above the key $100 level after peaking near $110 in late August, showing signs of weakening momentum and potential consolidation. The price faces immediate resistance around $106.25 and $110, with technical indicators like the ...
Despite a traditional market selloff triggered by the Fed's hawkish stance, crypto whales are rotating capital from Bitcoin into altcoins like XRP and Solana, with record inflows into their ETFs reaching $110 million and $154 million respectively. Bi...
In August, Solana processed a record 5.2 billion non-vote transactions, driven by a major upgrade that increased compute limits per block by 66%, and a surge in ETF inflows totaling $1.34 billion. This upgrade boosted transaction throughput close to ...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading slightly down at around $77,943 and Ethereum stable near $2,453. Some altcoins like ARB surged over 30%, and CRV rose nearly 19%, indicating selective investor interest. Stablecoins r...
