Solana's price fell to a multi-year low around $69.97, down over 6.8% in 24 hours and 18.3% monthly, following a broad crypto sell-off triggered by Bitcoin dropping toward $61,300. This led to $1.6 billion in leveraged liquidations, pushing Solana below key support levels and raising concerns about further downside toward $27 if market conditions worsen. Despite the price drop, Solana's network continues to advance with new validator software live and a major upgrade planned for Q3 2026, indicating ongoing development amid market volatility. Traders are watching if Solana can reclaim the $77 level, which now acts as resistance, while on-chain activity remains steady, suggesting underlying demand despite the sell-off.
A Wall Street asset manager has filed with the SEC to launch a Solana ETF that includes staking rewards, potentially broadening institutional access to crypto yield products. This ETF would differ from traditional spot ETFs by passing through staking...
Solana achieved a record $3.47 billion in tokenized equities volume for June 2026, capturing over 96% of the global on-chain tokenized equity market. This milestone highlights Solana's strong position and efficiency in blockchain technology, maintain...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
Trading volumes for major cryptocurrencies have declined since July 2024, reflecting weak demand and low market confidence. This trend is driven by macroeconomic pressures, Bitcoin ETF outflows, and bearish price action. Despite this, Solana (SOL) ha...
Morgan Stanley's Denny Galindo highlights that Solana (SOL) has historically been a better diversifier in crypto portfolios than Ether (ETH), despite SOL's higher volatility. Bitcoin remains a low-correlation asset with traditional markets, but addin...
