Solana's SOL token surged 14% from $64 to $72, driven by increased trading volume in tokenized equities, which hit $113 million in a day. Despite this price recovery and bullish technical indicators suggesting potential to surpass $100, Solana's network fundamentals show weakness, with a 11% drop in total value locked and declining decentralized exchange volumes and revenues. A double-top chart pattern warns of possible price declines if SOL falls below $70, targeting $61 or even $50. Meanwhile, competitive pressures rise as new platforms enter the tokenized equity space, though upcoming airdrops on Solana offer some optimism.
Tokenized assets on the Solana blockchain reached a record $5.8 billion in Q2 2026, marking a 114% increase from the previous quarter and continuing six straight quarters of growth. This surge is mainly due to tokenized stocks, which make up about $4...
Morgan Stanley has filed for a Solana spot ETF with a low sponsor fee of 0.14%, while SBI Global Asset Management launched Japan's first tokenized equity fund on the Solana blockchain. These moves indicate growing institutional interest in Solana and...
Ethereum-focused spot ETFs attracted $105 million in net inflows, outpacing Bitcoin's $75 million, signaling renewed institutional interest in altcoins. This inflow follows a period of heavy outflows that had dampened market sentiment, especially for...
Solana blockchain recently received a $250 million liquidity injection in USD Coin (USDC), reflecting Circle's aggressive minting strategy on Solana. This influx strengthens Solana's decentralized finance (DeFi) ecosystem, benefiting platforms like J...
Solana's price remains stuck below $80, currently around $76, due to recent security breaches and weak trading momentum. Two major exploits drained millions from the ecosystem, shaking trader confidence and limiting demand. Technical analysis shows b...
