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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
pluang ai news

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.

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