FeesSafety
Pluang+

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

Market News
17 Jun 2026, 12:41 WIB
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)

Loopscale halts Solana protocol after surge in attacks on SOL and USDC vaults, no user losses reported.

Loopscale halts Solana protocol after surge in attacks on SOL and USDC vaults, no user losses reported.

Loopscale paused its Solana protocol following a week of intense, skilled attacks targeting vaults holding Solana (SOL) and USD Coin (USDC). The protocol's API faced over 30,000 malicious requests daily, focusing on Genesis Vaults for SOL and USDC. D...

Market News
Bearish
5 hours ago
Solana’s Alpenglow upgrade speeds transactions but fails to stop SOL price decline.

Solana’s Alpenglow upgrade speeds transactions but fails to stop SOL price decline.

Solana's recent Alpenglow upgrade reduced transaction finality time to about 400 milliseconds, significantly faster than before. However, this technical improvement did not prevent SOL's price from falling, as broader market conditions and fund outfl...

Protocol Fundamentals
Bearish
5 hours ago
Bitcoin leads crypto futures with $7.71B open interest; Ether shows strongest 24h growth at 4.24%.

Bitcoin leads crypto futures with $7.71B open interest; Ether shows strongest 24h growth at 4.24%.

Bitcoin holds the largest open interest in crypto perpetual futures at $7.71 billion, though it fell slightly by 0.88% over 24 hours. Ether saw the biggest 24-hour growth in open interest, rising 4.24% to $5.74 billion, signaling increased trader act...

Neutral
6 hours ago
China's central bank halts Solana event, investigates aggressive crypto marketing in Shanghai.

China's central bank halts Solana event, investigates aggressive crypto marketing in Shanghai.

China's central bank and Shanghai police stopped Solana's Accelerate China 2026 event due to 'too aggressive' offline marketing, including a large SOL token ad on a Shanghai skyscraper. Authorities view this as illegal promotion of cryptocurrency, wh...

Market News
Bearish
7 hours ago
BTC, ETH, and SOL see net outflows while USDC, USDT, and RLUSD attract net inflows in latest 24-hour crypto flows

BTC, ETH, and SOL see net outflows while USDC, USDT, and RLUSD attract net inflows in latest 24-hour crypto flows

In the latest 24-hour period ending November 6, 2026, major cryptocurrencies BTC, ETH, and SOL experienced net outflows, with BTC seeing the largest at $259.58 million. Conversely, stablecoins USDC and USDT led net inflows, with USDC attracting $302....

Neutral
8 hours ago
banner-footerbanner-footer

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