Investment
Features
FeesSafety
Academy
More
Pluang+

Solana hits record weekly transactions with over 1 billion, showing strong network growth despite price lag.

Protocol Fundamentals
05 Aug 2026
UToday
View Source
Neutral
pluang ai news

Solana's blockchain network reached a new milestone by processing over 1.01 billion non-vote transactions in a single week, marking the highest activity in its history. This surge reflects growing usage across decentralized finance, stablecoin transfers, and new applications, highlighting Solana's technical strengths like low fees and fast processing. Despite this network growth, Solana's token price remains subdued around $74, struggling to break key resistance levels, indicating a disconnect between network fundamentals and market valuation. Investors are watching for a catalyst that could align price with the strong on-chain activity.

More News (SOL)

BNB tops Grayscale's Smart Contract Fund, surpassing Ether and Solana in portfolio weight.

BNB tops Grayscale's Smart Contract Fund, surpassing Ether and Solana in portfolio weight.

Grayscale Investments added BNB to its Smart Contract Fund during its Q2 review, giving BNB a 30.6% portfolio weight, ahead of Ether at 29.47% and Solana at 29.15%. This change reflects index methodology rather than a forecast of BNB outperforming ot...

Market News
Bullish
4 hours ago
Binance's August 2026 proof of reserves shows Bitcoin and Ethereum fully backed above 100%.

Binance's August 2026 proof of reserves shows Bitcoin and Ethereum fully backed above 100%.

Binance's August 1, 2026 proof of reserves report confirms that Bitcoin and Ethereum holdings fully cover user balances at 100.25%, with stablecoins like USDT, USDC, and USD1 backed even higher. This snapshot, verified using advanced cryptographic me...

Protocol Fundamentals
Bullish
4 hours ago
Grayscale makes BNB top holding in Smart Contract Fund, surpassing Ethereum and Solana in Q2 2026 rebalance

Grayscale makes BNB top holding in Smart Contract Fund, surpassing Ethereum and Solana in Q2 2026 rebalance

Grayscale Investments rebalanced its crypto funds for Q2 2026, placing BNB as the largest holding in its Smart Contract Fund with a 30.6% weight, slightly ahead of Ethereum and Solana. This shift reflects changing institutional priorities and involve...

Market News
Neutral
5 hours ago
Solana price predicted to slightly drop to around $72 by end of August amid rising blockchain activity.

Solana price predicted to slightly drop to around $72 by end of August amid rising blockchain activity.

Finbold's AI Agent forecasts Solana (SOL) price to decline slightly to about $72 by August 31, 2026, from its current price near $74. This prediction is based on technical indicators and two advanced AI models, suggesting a modest 2.58% drop. Despite...

Technical Signals
Neutral
5 hours ago
Solana hits 1 billion weekly transactions amid network upgrades and tokenized gold growth.

Solana hits 1 billion weekly transactions amid network upgrades and tokenized gold growth.

Solana has reached a record 1 billion weekly transactions, driven by key network upgrades that enhance speed and scalability. These improvements include a deflationary upgrade nearing final voting and a testnet update reducing slot time, boosting tra...

Protocol Fundamentals
Bullish
7 hours ago
banner-footerbanner-footer

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