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Solana leads a single-chain crypto rally with top app revenue, while XRP lags amid whale selling and weak demand.

Market News
29 Jun 2026
Crypto Daily
View Source
Neutral
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Solana is dominating the current crypto market as a single-chain season unfolds, driven by strong app revenue and real usage, including $85.86 million in 30-day app revenue and significant tokenized real-world asset activity. In contrast, XRP is under pressure with declining price, whale distribution of 30 million tokens, and a lack of compelling near-term narrative. This trend highlights a shift from broad altcoin rallies to concentrated capital flows favoring chains with active user engagement and liquidity. Traders and builders are advised to focus on chains showing strong usage metrics, while keeping an eye on potential shifts that could broaden the market again.

More News (SOL)

Solana shifts focus to stablecoin payments and institutional use amid cooling retail speculation.

Solana shifts focus to stablecoin payments and institutional use amid cooling retail speculation.

Solana is transitioning from a retail-driven speculative platform to a stablecoin payments and institutional settlement network, with growing adoption by banks and payment firms like MoneyGram and Western Union. Despite strong transaction volumes and...

Protocol Fundamentals
Neutral
8 hours ago
Solana rises 2.6% with strong whale buying, eyeing $80 resistance after defending $70 support

Solana rises 2.6% with strong whale buying, eyeing $80 resistance after defending $70 support

Solana (SOL) showed bullish momentum by defending the $70 level and climbing to a local high of $73, gaining 2.6% in the past day. Increased whale activity and negative spot netflows suggest whales are accumulating SOL, supporting the price. Momentum...

Technical Signals
Bullish
9 hours ago
Bitcoin steadies below $60K amid cautious trading and mixed signals in crypto markets.

Bitcoin steadies below $60K amid cautious trading and mixed signals in crypto markets.

Bitcoin hovered just below $60,000 with a slight 0.6% gain, reflecting cautious trader sentiment as derivatives data and chart patterns suggest continued downside risk. While Solana and Avalanche showed some rebounds, their futures open interest indi...

Market News
Bearish
11 hours ago
Solana adoption grows with key partnerships as SOL price nears critical resistance at $77.

Solana adoption grows with key partnerships as SOL price nears critical resistance at $77.

Solana's ecosystem is expanding rapidly with institutional partnerships like MoneyGram and Toss Bank, boosting its use in payments and tokenization despite SOL price holding steady near $72. The token faces key resistance at the 100-day moving averag...

Market News
Bullish
13 hours ago
Solana nears key resistance at $75; breaking $80 could push price to $90-$95 with long-term targets up to $500.

Solana nears key resistance at $75; breaking $80 could push price to $90-$95 with long-term targets up to $500.

Solana (SOL) is trading around $70.67, testing a critical descending resistance line near $72-$75. A break above $75 and especially $80 could trigger a bullish momentum, targeting $90 to $95 in the near term. Analysts like Michaël van de Poppe projec...

Technical Signals
Bullish
15 hours ago
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