Solana (SOL) has climbed back above the $80 mark, driven by near-record on-chain activity including high transaction volumes and active addresses. Despite this, the token remains about 74% below its all-time high, with technical analysts viewing the current price action as a relief rally within a broader downtrend. Key resistance lies between $80 and $83, with support around $73. Institutional interest is growing, highlighted by over $1 billion in spot SOL ETF assets and significant corporate holdings, but supply risks from upcoming token unlocks and potential FTX-related selling could limit near-term gains. Upcoming governance upgrades and network improvements may provide further catalysts for price movement.
Solana's network usage hit a record high with 3.77 billion non-vote transactions in June 2026, driving the SOL token price above $80. This surge reflects growing adoption and on-chain activity, suggesting a favorable environment for further price gai...
Solana's network usage reached all-time highs in mid-2026, processing nearly 3.8 billion transactions in June alone and maintaining about 7 million daily active addresses. Despite this surge in activity, the SOL token trades around $80, significantly...
The cryptocurrency SOL has regained its price level above $72, indicating a short-term recovery. However, onchain data suggests that the momentum behind this price increase is weakening, which could imply limited upside potential in the near future. ...
Solana (SOL) has stabilized after recent selling pressure, trading in a tight range between mid-$70s and low-$80s. Despite this, it remains below key moving averages, indicating the bearish trend is not fully reversed. Analysts emphasize that a clear...
Joseph Chalom, former Blackrock exec and Sharplink co-CEO, defends Ethereum against claims of a "culture problem," highlighting its 900,000+ validators and over one million developers as key to its decentralization advantage over Solana, which has ab...
