Investment
Features
FeesSafety
Academy
More
Pluang+

Solana drops below key supports amid crypto market selloff despite ecosystem growth.

Market News
10 Jun 2026
Tokenpost
View Source
Bearish
pluang ai news

Solana (SOL) fell below major support levels, trading around $64.25, down over 4% in 24 hours and 32% monthly, reflecting broader crypto market weakness and risk-off sentiment. Despite strong ecosystem developments and $1.45 billion in ETF inflows, SOL's price decline mirrors overall market deleveraging and liquidations rather than Solana-specific issues. Analysts highlight key resistance levels at $84, $97, and $116 for potential recovery, while long-term outlooks vary widely. Solana's network fundamentals remain strong, but past reliability concerns still affect investor confidence amid ongoing volatility.

More News (SOL)

Wall Street firm files for Solana ETF with staking rewards, aiming to expand crypto yield access.

Wall Street firm files for Solana ETF with staking rewards, aiming to expand crypto yield access.

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...

Market News
Bullish
7 hours ago
Solana hits $3.47B in tokenized equities volume for June 2026, dominating 96% of the market.

Solana hits $3.47B in tokenized equities volume for June 2026, dominating 96% of the market.

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...

Protocol Fundamentals
Bullish
12 hours ago
SPX6900 jumps 12% as Solana whales boost volume and transfers surge on Ethereum.

SPX6900 jumps 12% as Solana whales boost volume and transfers surge on Ethereum.

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...

Technical Signals
Bullish
12 hours ago
Solana shows bullish signs amid weak crypto volumes and market uncertainty in 2026

Solana shows bullish signs amid weak crypto volumes and market uncertainty in 2026

Trading volumes for major cryptocurrencies have declined since July 2024, reflecting weak demand and low market confidence. This trend is driven by macroeconomic pressures, Bitcoin ETF outflows, and bearish price action. Despite this, Solana (SOL) ha...

Technical Signals
Neutral
13 hours ago
Solana outperforms Ether as a crypto portfolio diversifier despite higher volatility, says Morgan Stanley.

Solana outperforms Ether as a crypto portfolio diversifier despite higher volatility, says Morgan Stanley.

Morgan Stanley's Denny Galindo highlights that Solana (SOL) has historically been a better diversifier in crypto portfolios than Ether (ETH), despite SOL's higher volatility. Bitcoin remains a low-correlation asset with traditional markets, but addin...

Market News
Neutral
16 hours ago
banner-footerbanner-footer

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