In 2026, Circle minted over $70 billion worth of USDC on Solana, boosting the network's stablecoin liquidity significantly. Despite this surge in liquidity and monthly active users surpassing 100 million, Solana's price has fallen over 35%, and on-chain transaction volume and trading activity have slowed down. This suggests that while liquidity is increasing, it hasn't yet translated into stronger demand or price recovery for SOL. The growing USDC supply may fuel speculation but also risks weakening Solana's outlook if it doesn't lead to sustained network growth.
Bitcoin's recovery is boosting the broader crypto market, with altcoins such as Solana, Ethereum, SUI, Avalanche, and Dogecoin showing strong gains. SUI is nearing the key $1 level, Solana is testing resistance near $120, and Ethereum is pushing towa...
Solana's SOL token surged past $116, causing a major short squeeze that liquidated over $18 million in bearish positions. This rally began after SOL broke through the $110 resistance level for the first time in seven months, forcing short sellers to ...
Solana's price rose about 5.2% in 24 hours, breaking past the $108-$110 resistance level, driven by ZetaChain's decision to migrate its ZETA token to Solana and strong institutional demand via Solana ETFs. The technical outlook improves with a new ta...
Solana (SOL) is trading around $108.79 after pulling back from $112.39, testing support near $107.50. The recent break above $96 signals a bullish market structure, with key resistance at $112-$115. A close above $115 could confirm a broader upward t...
ZetaChain token holders approved Proposal 68 with 99.4% support to discontinue ZetaChain's Layer 1 blockchain and migrate the ZETA token to Solana as an SPL token on a 1:1 basis. This move aims to leverage Solana's faster transactions, lower fees, an...
