Solana maintained its key $85 price support even after a $280 million exploit in its DeFi protocol, Drift Protocol, which was caused by a governance failure rather than a flaw in Solana's core network. The incident did not disrupt Solana's network performance, which continued processing thousands of transactions per second with low fees. In response, the Solana Foundation initiated a Recovery Fund and enhanced security measures. Despite the exploit, spot Solana ETFs saw continuous net inflows, signaling strong institutional interest and confidence in Solana's fundamentals. Analysts watch $87 as a critical resistance level, with potential to rise to $100–$110 if momentum continues. Solana's fast stablecoin activity and low fees support its role in payments and DeFi, with expectations to grow in AI-related blockchain applications.
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
A Wall Street asset manager has filed with the SEC to launch a Solana ETF that includes staking rewards, potentially broadening institutional access to crypto yield products. This ETF would differ from traditional spot ETFs by passing through staking...
Solana achieved a record $3.47 billion in tokenized equities volume for June 2026, capturing over 96% of the global on-chain tokenized equity market. This milestone highlights Solana's strong position and efficiency in blockchain technology, maintain...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
