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Solana outperforms Bitcoin and Ethereum with 14% rally amid SpaceX IPO and tokenized trading boom

Market News
17 Jun 2026
Benzinga
View Source
Bullish
Solana outperforms Bitcoin and Ethereum with 14% rally amid SpaceX IPO and tokenized trading boom

Solana's cryptocurrency surged 14% in the past week, outperforming Ethereum's 9% and Bitcoin's 5.89% gains. This rally is linked to the SpaceX IPO, which boosted tokenized trading activity on Solana's blockchain through platforms like Ondo Finance, xStocks, and Sunrise. Additionally, Solana saw a 16% increase in futures open interest, with traders favoring bullish long positions, contrasting with Bitcoin and Ethereum trends. This highlights growing investor interest in Solana amid broader market optimism following a U.S.–Iran peace agreement.

More News (SOL)

Solana (SOL) price jumps 5.3% after breakout, with potential to hit $500 and new AI payment channels launched.

Solana (SOL) price jumps 5.3% after breakout, with potential to hit $500 and new AI payment channels launched.

Solana (SOL) surged 5.31% to $104.98 following a breakout from a cup-and-handle pattern, signaling strong buyer interest and a possible rise to $500. Trading volume increased by 12.10%, and open interest rose, indicating growing speculative activity....

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Bitcoin rallies past $81,000 as Fed rate hike fears ease and Treasury yields fall

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Solana leads in x402 AI payment activity and app revenue, boosting SOL's market strength.

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Solana has overtaken Base in x402 payment protocol activity, handling the majority of transactions and volume for the first time. This protocol enables AI agents and apps to use stablecoins for online services, marking a significant growth area. Addi...

Protocol Fundamentals
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The global cryptocurrency market cap surged by $135 billion in 24 hours, pushing the total to around $2.7-$2.82 trillion. Bitcoin approached $81,000, with Ethereum near $2,500, reflecting broad positive sentiment across major crypto assets. This mark...

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