Investment
Features
FeesSafety
Academy
More
Pluang+

Solana jumps above $71 on Morgan Stanley spot ETF filing and whale buying surge

Market News
20 Jun 2026
Tokenpost
View Source
Bullish
Solana jumps above $71 on Morgan Stanley spot ETF filing and whale buying surge

Solana (SOL) surged past $71 following reports that Morgan Stanley filed for a spot Solana ETF, boosting institutional interest. This move reflects growing traditional finance exposure to Layer 1 blockchains beyond Bitcoin and Ethereum. Large on-chain purchases by whales further supported the rally, signaling strong demand. Traders now watch key resistance levels at $72 and $76 to determine if the rebound will sustain or face pullbacks below $69.6.

More News (SOL)

Blockchain fee debate shifts to sustainable business models beyond just low gas costs

Blockchain fee debate shifts to sustainable business models beyond just low gas costs

The debate over Robinhood Chain's fee structure has expanded from a simple cost argument to a broader discussion involving Solana, Arbitrum, and BNB Chain about who should profit from network activity and how to fund long-term development. Solana's c...

Market News
Neutral
6 hours ago
Arbitrum token surges 50%+ as Robinhood Chain's growth boosts its revenue share and market interest.

Arbitrum token surges 50%+ as Robinhood Chain's growth boosts its revenue share and market interest.

Arbitrum (ARB) has seen its token price rise over 50% in early September, significantly outperforming Ethereum's 1.5% gain, driven by Robinhood Chain's rapid growth. Robinhood's fee income hit a record $19 million this month, with 10% of that revenue...

Protocol Fundamentals
Bullish
7 hours ago
Solana co-founder says IRS tax rules on staking rewards hurt ecosystem more than tokenomics changes

Solana co-founder says IRS tax rules on staking rewards hurt ecosystem more than tokenomics changes

Solana Labs co-founder Anatoly Yakovenko argues that the IRS's current tax treatment of staking rewards as immediate income creates a significant burden, especially for smaller stakers, by forcing them to pay taxes on unrealized gains. This tax polic...

Market News
Neutral
11 hours ago
Dogecoin fully integrated on Solana via Wormhole's Sunrise, enabling native token use and major liquidity boost.

Dogecoin fully integrated on Solana via Wormhole's Sunrise, enabling native token use and major liquidity boost.

Dogecoin (DOGE) has been fully integrated onto the Solana blockchain through Wormhole's Native Token Transfers (NTT) framework and the Sunrise liquidity gateway. This integration, covering DOGE's entire $35 billion circulating supply, allows DOGE to ...

Protocol Fundamentals
Bullish
13 hours ago
Bitcoin holds $80K amid regulatory uncertainty as CLARITY Act vote nears in U.S. Senate

Bitcoin holds $80K amid regulatory uncertainty as CLARITY Act vote nears in U.S. Senate

Bitcoin's price stabilized around $79,600 to $80,100 after a recent surge, supported by strong institutional demand with spot Bitcoin ETFs attracting up to $987 million in weekly inflows. Corporate Bitcoin purchases continued despite market volatilit...

Market News
Neutral
14 hours ago
banner-footerbanner-footer

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