Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Solana's daily transactions double since January, led by stablecoins, but SOL price lags behind.

Protocol Fundamentals
20 Jun 2026
Crypto Briefing
View Source
Neutral
pluang ai news

Solana's blockchain daily transactions have more than doubled since January 2026, reaching over 100 million per day, driven mainly by stablecoin transfers and DeFi activity. The network handled up to 76% of global stablecoin transfers in Q1, benefiting from low fees and fast processing. Despite record transaction volumes and growing real-world asset tokenization, SOL's price remains flat or declining due to its low-fee structure limiting revenue per transaction. If Solana maintains its stablecoin dominance, it could solidify its role as a primary crypto settlement layer.

More News (SOL)

Solana rallies to $71 as Morgan Stanley files for spot ETF, boosting institutional interest.

Solana rallies to $71 as Morgan Stanley files for spot ETF, boosting institutional interest.

Solana's price rebounded to around $71 following Morgan Stanley's filing for a U.S. spot Solana ETF, signaling increased institutional demand. Despite some institutions like Goldman Sachs exiting positions, others are expanding their exposure, with t...

Market News
Bullish
4 hours ago
Bitcoin and Ethereum rise as spot demand boosts crypto market despite falling derivatives volume

Bitcoin and Ethereum rise as spot demand boosts crypto market despite falling derivatives volume

Bitcoin and Ethereum led gains in the crypto market with prices rising 1.31% and 1.58% respectively, driven by increased spot demand. However, trading volumes in derivatives and DeFi sectors dropped significantly, indicating cautious investor behavio...

Market News
Bullish
12 hours ago
Solana price attempts recovery after June lows, eyes key resistance at $76 and $90.

Solana price attempts recovery after June lows, eyes key resistance at $76 and $90.

Solana (SOL) is trading around $71.50, up 2.6% as it tries to recover from early June lows near $62–63. The price is currently between major support at $60 and resistance at $76, a critical zone that will determine its next move. Momentum indicators ...

Technical Signals
Neutral
14 hours ago
Wealthy crypto investors favor Bitcoin and Ethereum amid oversold altcoins signaling rebound potential.

Wealthy crypto investors favor Bitcoin and Ethereum amid oversold altcoins signaling rebound potential.

High-net-worth crypto investors are focusing their purchases on Bitcoin and Ethereum, which together account for the majority of buying activity, reflecting a preference for liquidity and market stability. Meanwhile, several smaller altcoins show ext...

Market News
Neutral
15 hours ago
New Solana DeFi app boosts trading efficiency with advanced tools and seamless cross-protocol features.

New Solana DeFi app boosts trading efficiency with advanced tools and seamless cross-protocol features.

A new decentralized exchange app launched on Solana offers advanced order-matching and streamlined liquidity pools, enabling traders to execute complex strategies more efficiently. The app reduces friction in cross-protocol interactions, allowing use...

Protocol Fundamentals
Bullish
16 hours ago
banner-footerbanner-footer

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