Track market-moving stories before they get noisy

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Almost every comparison of these two chains reaches the same useless conclusion: Sui has better technology, Solana has a bigger ecosystem, both are great, here is a referral link. That is not an answer. Anyone typing this comparison into a search bar is trying to decide something, so this page decides. Five rounds, each settled by a number, each with a stated winner, then a verdict and the single fact that would overturn it. Fair warning: the round Sui wins most convincingly is the one that has mattered least.

The Tale of the Tape Solana (SOL)Sui (SUI)Priceabout $76.05about $0.65Market caproughly $44.5 billionroughly $2.7 billionRank7around 32DeFi TVLroughly $4.9 billionroughly $450 millionLaunchedMarch 2020May 2023Consensus modelglobal state, parallel executionobject-based, parallel by designLanguageRustMoveBelow all-time highroughly 74% (ATH near $293, Jan 2025)far below its own peak Live data as of mid-August 2026, from CoinGecko and CoinGecko. Verify before acting; both chains publish live metrics that move daily.

Round 1: Technology This is Sui’s round, and it is not close.

Sui was built by Mysten Labs, founded by former Meta engineers who led the technical work on the Diem and Novi projects. Its core innovation is an object-based model: instead of maintaining one global state ledger, Sui treats every asset and contract as an independently owned object. Independent transactions never queue behind each other, which enables genuine parallel execution and sub-second finality. Per Grayscale Research, its fees run roughly three times lower than Solana’s and around 150 times lower than Ethereum’s.

Its language, Move, was adapted from Rust specifically to make assets harder to lose: it treats tokens as first-class resources that cannot be accidentally duplicated or destroyed by sloppy code, which removes an entire category of smart contract bug at the language level.

Solana’s approach is different and older. It also executes in parallel, but around a single global state, and it has spent years trading elegance for battle-testing, including a documented history of outages that it has largely engineered its way past.

Winner: Sui. Best argument for Solana anyway: theoretical throughput has almost never been the bottleneck for adoption. Chains lose users to bad experiences and empty ecosystems, not to microseconds, and Solana’s architecture has now survived years of real-world load that Sui has not yet faced.

Round 2: Ecosystem Here the direction reverses violently.

Solana carries roughly $4.9 billion in DeFi TVL against Sui’s roughly $450 million, a gap of more than ten to one. That understates the difference in practice, because Solana is also home to the deepest meme coin market in crypto, the dominant launchpad culture, and a real-world asset footprint measured in the billions, against a Sui RWA presence in the tens of millions.

The Sui number is the one that should stop you. Its DeFi TVL reached roughly $2.1 billion by the third quarter of 2025, with daily DEX volume averaging hundreds of millions of dollars. Both figures have since collapsed by a large majority. This is not a young chain slowly building; it is a chain that built something, and then watched most of it leave.

Winner: Solana, decisively. Best argument for Sui anyway: it is winning real integrations rather than just retail attention, including a Tether Hadron integration aimed at institutional tokenization of real-world assets, and infrastructure work reducing onboarding friction to seconds. Institutional plumbing is slow, unglamorous and does not show up in TVL for a long time.

Round 3: Economics The question this site puts to every network: does anyone actually pay to use it, and does that reach the token?

Solana generates network fees measured in the hundreds of thousands of dollars per day, with application-layer revenue on top of that running into the millions. Sui’s chain fees have been recorded in the thousands of dollars per day, and its daily DEX volume in recent readings sat near $17.7 million against Solana’s figures in the billions. Anyone can watch both live on DefiLlama.

Low fees are Sui’s design goal, so a small fee total is partly a feature. But it is a feature with a cost: a chain optimized for micro-costs has to make it up in staggering volume, and Sui does not currently have the volume. Cheap plus quiet equals negligible economics.

Winner: Solana. Best argument for Sui anyway: fee revenue follows activity, activity follows applications, and Sui’s cost structure means it can host use cases like gaming, payments and AI agent transactions that are simply uneconomic elsewhere. If those categories ever arrive at scale, the economics invert quickly.

Round 4: Tokenomics and Supply Sui’s supply structure is the quiet weight on its chart. Its fully diluted valuation sits at roughly $6.7 billion against a market cap near $2.7 billion, meaning a large majority of the token’s eventual supply is not yet circulating. Scheduled unlocks have been repeatedly cited by analysts as the reason rallies keep getting capped: each advance meets a fresh wave of supply. Our token unlock guide explains why the recipient and the cadence matter more than the headline number, and Sui’s is a steady drip rather than a single cliff, which spreads the pressure rather than removing it.

Solana’s emissions are also real, with an inflation schedule that tapers over time, but its float is far more mature and the market has been pricing it for years.

Winner: Solana. Best argument for Sui anyway: a large FDV gap is only a problem while demand is weak. The same unlock schedule that caps rallies in a quiet market gets absorbed almost invisibly in an active one, and Sui’s is transparent and published rather than discretionary.

Round 5: Risk Solana’s risks are the risks of a large incumbent: heavy correlation to meme coin cycles, a concentrated validator economy, historic outage baggage, and a valuation that already assumes it stays a top-tier chain.

Sui’s risks are more existential and more specific. The TVL collapse from roughly $2.1 billion to roughly $450 million is not a market-wide phenomenon; capital chose to leave this particular chain. The unlock overhang continues. And competing in the Move-language niche against Aptos while competing for general attention against Solana and Ethereum’s layer-2s is a two-front war for a chain with a fraction of the mindshare.

Winner: Solana, narrowly. Best argument for Sui anyway: much of the damage is already in the price. A token trading far below its peak, at a small fraction of Solana’s valuation, with functioning technology and live institutional integrations, does not need much to re-rate. Downside already taken is a real, if uncomfortable, form of protection.

The Verdict Scorecard: Sui wins technology. Solana wins ecosystem, economics, tokenomics and risk. Four to one, and yet the verdict is conditional rather than dismissive, because the two chains answer different questions.

Solana is the right choice for almost everyone. It is the liquid, proven, revenue-generating chain with the deepest application layer in crypto outside Ethereum, and its size means the position can be entered and exited without drama. You are paying for an incumbent that has already survived the things that kill chains.

Sui is a deliberate high-risk bet on a specific thesis: that architecture eventually wins, that payments, gaming and AI agent activity need fees this low, and that institutional tokenization arrives on the chain that made itself easiest to integrate. That thesis is coherent. It is also currently being contradicted by the TVL chart, which is the honest reason this page scores it one round out of five.

The single fact that would flip this verdict: Sui’s TVL and DEX volume trend. The chain lost roughly three quarters of its locked value from its 2025 peak, and that decline, not the price, is the real story. If TVL turns and volume climbs for two or three consecutive months while the institutional integrations mature, the technology round stops being theoretical and this page will say so loudly. Until capital comes back, better architecture is a claim the market keeps declining to pay for. Watch that number here, monthly.

This article is for information only and is not investment advice. Crypto assets are extremely volatile and you can lose your entire stake. Always do your own research.

Frequently Asked Questions Is Sui better than Solana? By technology, arguably yes: object-based parallel execution, sub-second finality, fees roughly three times lower, and the Move language's built-in asset safety. By ecosystem, economics, supply structure and risk, Solana leads clearly, which is why the overall verdict favors Solana.

Which is faster, Sui or Solana? Sui achieves sub-second finality through its object-based architecture and reports meaningfully lower fees than Solana. Both are far faster and cheaper than Ethereum mainnet.

Why is Sui's price so low compared to Solana? Sui's market cap sits near $2.7 billion against Solana's roughly $44.5 billion, reflecting a far smaller ecosystem, DeFi TVL more than ten times lower, minimal fee revenue, and a large volume of tokens still scheduled to unlock.

What happened to Sui's TVL? Sui's DeFi TVL reached roughly $2.1 billion by Q3 2025 and has since fallen to around $450 million, a decline of roughly three quarters. That outflow, rather than any technical failure, is the central bear case against the chain.

Can Sui overtake Solana? It would require closing a gap of more than ten times in TVL and a similar gap in valuation. The realistic path runs through payments, gaming and AI agent applications where Sui's fee structure is a genuine advantage, not through a direct assault on Solana's DeFi and meme coin ecosystem.

Should I buy SOL or SUI? This page gives a conditional verdict rather than advice: Solana for liquidity, proven usage and revenue; Sui only as a smaller, deliberately speculative bet on its architecture thesis. Both carry high risk and can draw down heavily.

Solana just posted its busiest week on record. The network processed 1.2 billion non-vote transactions in the seven days ending August 10, 2026, the first time it has ever crossed the one-billion mark in a single week.

That number matters because of what it excludes. Non-vote transactions strip out the routine consensus messages that validators exchange to agree on the state of the chain. What’s left is actual user activity: token swaps, DeFi protocol interactions, NFT trades, and every other thing a real person or application asks the network to do.

A week of back-to-back records The weekly total was itself a product of two daily records set within six days of each other. On August 4, Solana processed 169.9 million non-vote transactions, which stood as the all-time daily high for about a week. Then August 10 arrived and pushed that to 171.9 million, a rate of roughly 1,990 transactions per second sustained across the entire day.

The engine behind the jump is a technical upgrade that increased the maximum compute limit per block by 66%. Compute units on Solana are roughly analogous to gas on Ethereum: they measure how much computational work a block can contain. Raising that ceiling by two-thirds means more instructions can be packed into each block without stretching out block times, which allows transaction throughput to climb without degrading the user experience on the other end.

Institutional money is paying attention too The same day Solana set its daily transaction record, US spot Solana ETFs pulled in $8.8 million in net inflows. Every dollar of that went to the Bitwise BSOL fund, according to data from August 10.

For developers building on Solana, the compute limit increase has a direct practical consequence: applications that previously had to split complex operations across multiple transactions may now be able to consolidate them into fewer steps. That matters for user experience in DeFi protocols, where multi-step interactions are a persistent friction point.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Bitcoin’s volatility falls to a cycle low, as traders shift to AI stocks and prediction markets.

Bitcoin’s recent volatility has dropped to multi-year lows, with its 30-day realized volatility standing at around 42%, compared to the S&P 500’s roughly 18% — marking the narrowest gap in volatility between the two assets on record. The market is stuck in a stalemate between buyers and sellers: sell-offs by corporates and mining firms cap upside gains, while deleveraging and ongoing accumulation by long-term holders limit downside declines. As Bitcoin’s volatility eases, some short-term traders have shifted their risk appetite to assets like AI stocks, tokenized equities, stock perpetuals, and prediction markets. A NYDIG study notes that short-term traders tend to chase volatility, narrative momentum, and upside potential, with “traders targeting 5x or 10x returns” now having options including Bitcoin, Nvidia, gold, stock perpetuals, 0DTE options, and sports event contracts. Data shows that monthly trading volume of traditional asset perpetuals on crypto platforms has surged more than fivefold from $52 billion in January to $268 billion in June. Meanwhile, South Korean retail traders have clearly shifted from cryptocurrencies to AI-related stocks, with trading volumes on major South Korean crypto exchanges falling by up to around 80% year-over-year. CoinDesk points out that the Bitcoin market is currently more like in a “dormant” state, with falling trading participation, shrinking market depth, and regulatory uncertainty combining to suppress volatility. If U.S. crypto regulation makes substantial progress, the macro environment shifts, or a new market narrative emerges, the current low-volatility regime could be broken, and thinner liquidity may further amplify price swings.

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NVIDIA: Multi-GPU UMAP can process 870GB of vector data in 8 minutes, achieving a maximum speedup of 74 times.

NVIDIA has released a technical blog announcing that its cuML and cuVS libraries now support multi-GPU UMAP functionality, enabling distributed execution of dimensionality reduction for large-scale vector data across multiple GPUs—significantly cutting runtime while preserving embedding quality. NVIDIA noted that during tests on the MIRACL dataset (containing 106 million vectors, totaling ~870GB) run on a DGX system equipped with 8 H100 GPUs, cuML’s multi-GPU UMAP completed end-to-end processing in just 8 minutes, delivering up to 74x speedups over projected CPU-based implementations. Prior CPU-based solutions failed to process the full dataset even with 2TB of memory. The approach works by partitioning data into multiple clusters, building local k-nearest neighbor (kNN) graphs in parallel across different GPUs, then merging these into a global graph, thereby overcoming the memory constraints of a single GPU. NVIDIA added that this technology can reduce hundreds-of-GB UMAP tasks that previously took hours or even days to process down to just minutes.

1 minutes ago

Market News: Anthropic Plans to Raise Over $10 Billion in Credit Lines Ahead of Its IPO

Market sources say Anthropic is asking lead banks to provide around $1.25 billion each in loans, while other major participating banks are expected to contribute roughly $1 billion apiece. Separately, reports indicate the credit line Anthropic aims to raise ahead of its IPO could exceed its $10 billion target.

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Axios reporter: The White House will host a tech leaders event with Trump tomorrow, and prediction market firms have not been invited.

According to Axios reporter Alex Isenstadt, the White House plans to co-host an event with President Trump tomorrow, with several tech industry leaders in attendance. White House sources noted that prediction market firms have not been invited to the event and will not participate. BlockBeats previously reported that on August 15, insiders disclosed that U.S. President Trump is expected to attend a crypto industry innovation conference at the White House next week, where he will hold discussions with executives from multiple crypto firms, as well as heads of prediction market and AI companies. Attendees of the conference include leaders from firms such as Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi. All these executives are members of the newly established Innovation Advisory Committee of the U.S. Commodity Futures Trading Commission (CFTC). Sources said the conference is scheduled to take place at the Eisenhower Executive Office Building adjacent to the White House, aiming to hold policy dialogues around innovative fields including U.S. fintech, crypto assets, prediction markets, and artificial intelligence. CFTC Chairman Mike Selig and other government advisors are also expected to attend, while Treasury Secretary Bessent and Commerce Secretary Lutnick may be present.

1 minutes ago

CASHCAT drops 30% following its listing on Robinhood, with one trader holding on despite an unrealized loss of $412,000 and has not sold yet.

According to Arkham's monitoring, trader 0x4B1 purchased CASHCAT tokens worth approximately $1.29 million when the asset launched on Robinhood, acquiring around 0.85% of its total supply at an average market cap of roughly $150 million at the time of purchase. After CASHCAT listed on Robinhood, its price dropped by about 30%, leaving the trader with an unrealized loss of roughly $412,000. However, on-chain data shows the trader has not sold any of the tokens to date.

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US media: Tesla’s Cybercab will be launched this month in Austin, but doubts remain over the safety of its autonomous driving.

Tesla plans to publicly unveil its Cybercab, a driverless taxi, in Austin, Texas, U.S. as early as this month. The vehicle features a steering-wheel and pedal-free design, with Tesla employees already testing the fully driverless version on private roads within the company’s campus. Reports note that Cybercab runs on Tesla’s FSD (Full Self-Driving) software, though its autonomous driving capabilities and safety remain under scrutiny. The U.S. National Highway Traffic Safety Administration (NHTSA) is still investigating Tesla’s FSD for traffic rule compliance issues, while existing Robotaxi services in some markets still have human safety drivers on board. Cybercab is designed to operate without in-vehicle personnel intervention; Tesla plans to use remote operators to handle emergencies and has started integrating Starlink connectivity into the vehicles. Data scale is another concern. Tesla stated in July that it needs to accumulate dedicated driving data for Cybercab. To date, Tesla’s unsupervised Robotaxis have logged around 380,000 miles across six cities, while Waymo has completed over 220 million miles of fully autonomous driving on public roads since 2020. Additionally, Cybercab’s lack of traditional driving controls may face restrictions under U.S. federal vehicle safety regulations. It remains unclear whether Tesla is seeking regulatory exemptions, according to reports. The Verge points out that as Cybercab’s launch approaches, there remains significant uncertainty regarding the autonomous driving safety and regulatory approvals required for its commercial operation.

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@SuiNetwork has crossed 4.6 billion total on-chain transactions, setting a new all-time record for the network and cementing its place among the most active Layer-1 blockchains in the industry. The figure is more than a raw count: it represents the equivalent of one transaction for more than half the world's population.

A Network Built for Scale Sui is a Layer-1 blockchain designed for high-performance decentralised applications. Its parallel transaction execution model and object-centric architecture allow it to process multiple transactions simultaneously, making it well suited to DeFi, gaming, and social networking use cases that require fast, scalable infrastructure. The cumulative transaction total covers all activity since mainnet launch, including token transfers, smart contract executions, and decentralised application interactions.

The network's momentum has been building steadily. In July 2026, Sui recorded a peak of 6,086,766 transactions per second during a public throughput experiment driven by AI agents operating through programmable offchain payment tunnels. Separately, since August 2025, the network has processed over one trillion dollars in stablecoin transaction volume, underscoring the depth of real economic activity on the chain.

Closing In on the 5 Billion Mark With 4.6 billion transactions processed, Sui is now approaching the 5 billion milestone. Several major blockchain platforms have already surpassed that threshold, including @Solana, @BNBChain, @0xPolygon, @Base, @Aptos, @trondao, @StellarOrg, and @Dfinity. Closing that gap would place Sui in a select group of the highest-throughput public blockchains in operation.

The milestone arrives as competition among Layer-1 networks continues to intensify. Transaction volume alone does not define a network's long-term success, but consistent growth in on-chain activity signals genuine developer and user engagement, and gives the Sui ecosystem a concrete data point as it competes for market share.

Sources:
Sui Blockchain Surpasses 4.5 Billion On-Chain Transactions (CoinTrust)
Sui Blockchain Payments Achieve 6 Million TPS Milestone (The Cryptonomist)
SUI Hits 4.5B Transactions As Wallet Activity Climbs (Bitcoinist)

Solana (SOL) is up by 0.98% today, August 18, to trade at $76 at the time of writing, while trading volumes have also surged by 25% to $$1.38 billion. The rising price and volumes come as Cathie Wood’s ARK Invest increases exposure to the 3iQ Solana staking ETF despite fizzling demand for spot Solana ETFs.

Cathie Wood Scoops 3iQ SOL Staking ETF Shares
Data from the ARK Invest tracker shows that Cathie Wood purchased 7,115 shares of the 3iQ Solana staking ETF on August 17.

The fund manager purchased 3,830 SOL ETF shares through the ARK Next Generation Internet ETF (ARKW) and then purchased an additional 3,285 shares through the ARK Blockchain & Fintech Innovation ETF (ARKF).

The purchases come amid weakening demand for Solana ETFs. Data from SoSoValue shows that SOL ETFs have not recorded any inflows since August 12, mirroring the trend across the broader crypto ETF market.

Solana ETF Flows
However, Solana ETFs had the highest weekly inflows of $10.26 million in the week between August 10 and August 14, as earlier reported by CoinGape.

Solana Price Prediction as Cup and Handle Pattern Appears
The price of Solana is trading within a cup and handle pattern on the one-day chart. This pattern usually suggests that the long-term Solana outlook is bullish as long as the price can move above the resistance at $76.

If Solana closes above the resistance at $76, the price could gain by 8.9% and reach $83. The RSI reading of 53 suggests that the momentum is still leaning bullish, and this could support the upward move.

However, Solana has not closed above this obstacle at $76 since July 20. This suggests that sellers are likely dumping tokens when the price nears this resistance at $76.

Solana DeFi Activity
If the breakout above $76 fails again, Solana price could drop to the lower Bollinger band of $72 to find support before attempting another upward move.

Solana Network Activity Falls
Data from DeFiLlama shows that the Total Value Locked (TVL) on the Solana blockchain has dropped from $8.19 billion to $4.85 billion at the time of writing.

The TVL in terms of SOL value has also declined from 75 million SOL on June 7 to 63.84 million SOL at the time of writing, suggesting that network users have withdrawn 12 million SOL from various DeFi protocols that are available on Solana.

Solana DeFi Activity
The total market cap of stablecoins on Solana has also dropped from $16.4 billion on July 25 to $15.3 billion, which also suggests that network usage is falling.

However, this drop mirrors the trend across the broader DeFi space, where the TVL across all blockchains has dropped from $114 billion to $75 billion at the time of writing.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Relevant content

The address that was once the top-ranked holder of the "Niu Lai" crypto asset has suspended selling and fallen to fifth place, with the four leading addresses all holding firm currently.

According to monitoring by TradingBeats (formerly Hyperinsight), the original top-ranked address for the meme coin "Niu Lai" has halted selling, with no further activity in the past 12 minutes. Its total sold volume is locked at approximately $360,000 worth of tokens, while it still holds tokens valued at $474,000. Following the sell-off, its holding proportion dropped to 1.25%, causing it to lose the top spot and fall to fifth place. The top four addresses by current holdings have not engaged in any selling activity since "Niu Lai" was listed on Binance Alpha. Per GMGN market data, the meme coin "Niu Lai" currently maintains a market cap of $38 million, with a 24-hour trading volume of $32 million. BlockBeats reminds users that most meme coins have no real-world use cases, experience significant price volatility, and caution is advised for investments.

3 minutes ago

Token Niu Lai briefly breaks through a $50 million market cap, hitting a new all-time high, with short-term gains of over 68%.

Per GMGN market data, after listing on Binance Alpha, the meme coin "Niu Lai" briefly crossed the $50 million market cap threshold, hitting a new all-time high, with a short-term rally of over 68%. BlockBeats reminds users that most meme coins have no real use cases, are highly volatile, and investors should exercise caution.

3 minutes ago

The top-ranked address linked to the "Niulai" project has started offloading, conducting a short-term sell-off of tokens worth around $112,000.

According to monitoring by TradingBeats (formerly Hyperinsight), the top-ranked address on the "Niu Lai" list began selling off the Meme coin after it was listed on Binance Alpha, dumping approximately $112,000 worth of tokens in a short period and continuing to sell. Additionally, the second and third-ranked addresses for "Niu Lai" have not shown any unusual activity. Per GMGN market data, the Meme coin "Niu Lai" currently has a market cap of $38 million. BlockBeats reminds users that most Meme coins lack real-world use cases, are highly volatile, and require cautious investment.

3 minutes ago

The top-ranked entity on the "Niu Lai" list has been continuously offloading tokens worth approximately $360,000, with an average market cap of $38 million at the time of sale.

According to monitoring by TradingBeats (formerly Hyperinsight), the top-ranked address of Meme coin "Niulai" has been continuously selling off tokens since the coin’s listing on Binance Alpha. To date, it has completed 43 sell transactions totaling approximately $360,000 worth of tokens. The average market cap at the time of these sales stood at $38 million, with total profits reaching $345,700, and the address still holds tokens valued at $486,000. According to GMGN market data, Niulai’s current market cap remains at $38 million. BlockBeats reminds users that most Meme coins lack real-world use cases, are highly volatile, and require cautious investment.

3 minutes ago

Binance to delist spot trading pairs including F/USDC and HIVE/USDC

Binance will delist and halt trading for the following spot trading pairs at 11:00 UTC+8 on August 21: F/USDC, HIVE/USDC, ILV/USDC, LTC/BNB, NMR/USDC, STEEM/USDC, and SUI/BNB. The exchange will also terminate spot trading bot services for these pairs.

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Binance Alpha launches 'Niu Lai'

Binance Alpha has launched the Chinese Meme token "Niu Lai".

3 minutes ago

Top Altcoins Price Forecast: XRP loses $1, ADA in a freefall while SOL remains capped

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

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Key Takeaways Solana is currently positioned at $75.27, maintaining strength above crucial $74.50 support Spot SOL ETFs listed in the United States attracted $10.26 million last week, extending inflows to seven weeks Technical analysis reveals a falling wedge formation on the 4-hour timeframe with breakout potential toward $77.10 Momentum indicators show RSI hovering around neutral 52 while MACD remains in bullish territory Breaking below $73.64 on a daily close could trigger further downside pressure Solana maintains stability above the $75 threshold as both technical chart formations and institutional capital flows suggest measured bullish sentiment. The digital asset was changing hands at $75.27 during recent trading, registering approximately $2.27 billion in 24-hour trading activity against a market capitalization near $43.86 billion. Price action showed a marginal decline of roughly 0.1% over the previous day.

Solana (SOL) Price Following a 2.18% retreat during the prior week, the cryptocurrency has established support along an upward-sloping trendline. Current trading levels position SOL marginally beneath the 50-day Exponential Moving Average (EMA), which stands at $75.48.

Market observer Bluntz commented via X platform regarding “strong pa on $SOL,” suggesting the asset appears “somewhat boring” due to what he characterizes as an ongoing accumulation period. His analysis highlights a weekly bullish divergence that could be signaling a bottom formation.

strong pa on $SOL here, liking it alot, its been somewhat boring because we are likely still in an accumulation period but ppl have already conveniently forgotten theres a weekly bull div there likely marking the bottom pic.twitter.com/WQZCJ4zaOG

— Bluntz (@Bluntz_Capital) August 11, 2026

Seventh Consecutive Week of Positive ETF Activity Institutional appetite has demonstrated consistency. SoSoValue tracking shows US-based spot SOL exchange-traded funds absorbed $10.26 million in new capital during the past week. This represents the strongest weekly performance since May 22 and continues an unbroken seven-week sequence of net positive flows.

Source: SoSoValue Additional insights from CryptoQuant indicate modest bullish positioning, with significant whale activity detected in spot trading venues while futures markets show signs of cooling. Other blockchain metrics present a neutral outlook.

Looking at longer-term moving averages, the 100-day EMA is positioned at $78.10, while the 200-day EMA rests considerably higher at $88.69. These levels continue to function as resistance zones, containing the broader price trajectory within a defined range.

Technical Pattern Develops on Shorter Timeframe Analysts at Alpha Crypto Signal identified on August 17 a falling wedge configuration taking shape on Solana’s 4-hour chart. This pattern is characterized by price movement between two converging downward-sloping lines creating a narrowing channel — a technical formation frequently associated with upward breakouts.

Thoughts on #SOL:$SOL is forming a falling wedge on the 4H chart, with price compressing between descending trendlines. The recent bounce from the lower boundary keeps the setup interesting, but confirmation is still needed.

A clean breakout above the upper trendline could… pic.twitter.com/RBWgi1JTu1

— Alpha Crypto Signal (@alphacryptosign) August 17, 2026

SOL is currently trading in proximity to the middle Bollinger Band positioned at $74.50. The upper boundary is located at $77.10 while the lower band sits at $71.91.

Momentum indicators reveal the MACD histogram reading 0.10329, with the MACD line registered at 0.05374 against a signal line of -0.04955, indicating strengthening momentum conditions.

A decisive move above the wedge’s upper resistance line, accompanied by expanding volume, would establish $77.10 as the initial bullish objective. Conversely, losing grip on the $74.50 level would compromise the short-term technical outlook and bring $71.91 into consideration.

Solana has not yet validated a breakout scenario. Upcoming trading sessions will prove critical in establishing directional bias.

Major cryptocurrencies have come under renewed focus as the market correction deepens in mid-2026. While price volatility remains high, investors continue to evaluate the long-term potential of leading projects, with Bitcoin, Ethereum, Solana, Chainlink, and Hyperliquid drawing significant interest.

Bitcoin maintains benchmark statusBitcoin is trading near $64,000, reaffirming its role as the premier benchmark for the broader crypto sector. Reduced market liquidity and ongoing economic uncertainty have contributed to its recent decline, though the asset retains the largest network, highest brand recognition, and most robust institutional backing in the industry.

While returns may not match those of smaller-cap digital assets, Bitcoin offers comparatively lower protocol-related risks. For many participants, it remains the standard by which all other cryptocurrencies are measured.

Bitcoin continues to set the pace for the entire crypto sector, offering unmatched network security and institutional support, though investors should be aware that current volatility may persist.

Institutional activity sustains EthereumEthereum dropped below $1,900 during the latest downturn, but institutional appetite held steady. US-listed Ethereum ETFs registered $103.9 million in net inflows for the week ending July 24, marking the strongest performance among crypto ETFs at that time.

Ethereum is widely recognized as the backbone for decentralized finance, stablecoin platforms, NFT trading venues, and a significant number of decentralized applications. Continued developer activity and significant network effects keep Ethereum among the top contenders for long-term investment strategies.

AssetPrice (approx.)Recent ETF flow (week ending July 24)Bitcoin (BTC)$64,000Not specifiedEthereum (ETH)$1,900$103.9 million (inflow)Solana technology upgrade and outlookSolana recently expanded its block capacity to 100 million compute units, further enhancing its capability to process transactions quickly and with low fees. The network directly competes with Ethereum in speed and cost efficiency, and its expanding ecosystem includes payment, asset tokenization, and cross-chain solutions.

Trading around $75 in mid-August, Solana remains significantly below its all-time highs, leading some investors to view current valuations as an opportunity to build positions.

Mini dictionary: Compute units, a measure of computational power Solana allocates to each block, determine the blockchain’s capacity to process smart contracts and transactions efficiently.

Chainlink’s expanding integrationsChainlink moved toward the $10 level following updates about new CCIP integrations and the beta launch of its agent platform. As a key provider of blockchain oracle solutions, Chainlink connects decentralized networks with real-world data, supporting secure asset tokenization between blockchains.

Analysts note that if tokenized real-world assets grow within global finance, Chainlink could become critical infrastructure for these flows.

Mini dictionary: CCIP, or Cross-Chain Interoperability Protocol, is a Chainlink-powered system that enables secure movement of assets and data across multiple blockchain networks.

Hyperliquid delivers strong returns, but risk remains elevatedHyperliquid experienced gains of approximately 154% in the first six months of 2026. As a decentralized perpetual futures trading platform, Hyperliquid has attracted attention for significantly outperforming major crypto assets.

Despite rapid expansion, the project faces heightened risk from upcoming token unlocks and potential changes in regulatory policy. Analysts recommend caution and thorough risk assessment for those considering exposure.

Mini dictionary: Hyperliquid, launched in 2023, is a decentralized platform enabling perpetual futures trading, offering on-chain derivatives without an intermediary.

Hyperliquid’s accelerated growth highlights the potential of decentralized trading venues to compete against established centralized exchanges, though elevated volatility and regulatory headwinds remain prominent challenges for participants.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Every time a shiny new blockchain launches, memecoin traders swarm like seagulls spotting a dropped french fry. And every time, most of them eventually waddle back to Solana. The latest challenger, Robinhood Chain, is testing that pattern right now.

As of July 8, Solana’s decentralized exchanges posted over $440 million in 24-hour trading volume, edging out Robinhood Chain’s roughly $405 million. That gap might look narrow, but context matters: Robinhood Chain launched its mainnet just one week earlier, on July 1, riding a wave of hype that typically inflates early numbers before gravity sets in.

The Robinhood Chain honeymoon Robinhood Chain was designed primarily for tokenizing real-world assets and stocks. The memecoin crowd had other plans. Roughly 79% of the chain’s DEX activity in its initial weeks came from memecoin trading, turning what was supposed to be a serious financial infrastructure play into, well, a casino with a nice lobby.

The chain attracted real money fast, reaching approximately $431 million in total value locked shortly after launch. New wallets proliferated, popular trading platforms added support, and tokens like $CASHCAT surged after executive endorsements gave it a visibility boost.

The BNB Chain precedent In October 2025, BNB Chain went through an almost identical cycle. A burst of memecoin trading activity pulled speculators away from Solana, generating headlines about a potential shift in the ecosystem’s center of gravity. Then the tide reversed. Traders migrated back to Solana as the initial excitement cooled.

Why liquidity gravity keeps winning Solana has spent since 2024 building exactly that moat. Its sub-second finality and transaction costs measured in fractions of a cent make it technically suited for the rapid-fire trading that defines memecoin culture.

During the current rotation, Solana-native tokens like $ANSEM faced selling pressure as traders liquidated positions to fund their Robinhood Chain experiments.

What to watch from here The $35 million volume gap between Solana and Robinhood Chain on July 8 tells a specific story: Solana maintained its lead even during the peak novelty window when competitor chains typically look their strongest.

Robinhood Chain’s real test will be whether it can retain traders after the memecoin wave subsides. The chain was built for tokenized real-world assets, and its long-term value proposition depends on attracting that use case rather than competing with Solana on memecoin throughput. If 79% of your activity comes from a use case you didn’t design for, that’s either a happy accident or a structural mismatch waiting to correct.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Elon Musk owns 48.4% of SpaceX (SPCX) on paper. What he owns outright today is closer to 36%, or roughly $708 billion.

Friday’s headlines put the stakes at over $900 billion. Musk replied that the number was wrong. He was right. Read the filing line by line, and the shares he holds outright come to 4.77 billion. The two figures are $245 billion apart.

The Filing Has Four Line Items. Only Two Are HisMusk filed a Schedule 13G on Thursday. That is the form the Securities and Exchange Commission (SEC) requires from anyone holding more than 5% of a public company. It reports 6,418,547,515 shares, and it splits them four ways.

Two of the four are stock he holds now.
Trusts he controls hold 849,494,440 Class A shares and 3,916,980,790 Class B shares.
Together, that is 4,766,475,230 shares.

The other two are promises. There are 1,302,072,285 restricted shares that have not vested. There are another 350,000,000 shares he can buy through options but has not bought.

SEC rules make him count all of it. Anything a filer can vote, or can acquire within 60 days, goes into the total. So 48.4% of SpaceX is a correct legal answer. It is not an answer to what he owns.

SpaceX Ownership. Source: BeInCryptoThe math shifts once you separate them. SpaceX had 13,181,779,945 shares outstanding on July 28. Musk’s 4.77 billion is 36.2% of that.

At Monday’s price of $147.81, up 6%, it is worth about $708 billion rather than $953 billion.

SpaceX (SPCX) Stock Performance. Source: Yahoo FinanceMusk said as much himself, hours after the filing landed.

A bunch of it only vests on extremely crazy good outcomes for SpaceX, so actual full vested percentage is lower

— Elon Musk (@elonmusk) August 13, 2026
Follow us on X to get the latest news as it happens

The IPO prospectus spells out what he means. The board granted him 1 billion restricted shares in January. They vest in 15 tranches.

Each tranche needs a market capitalization target that rises from $500 billion to $7.5 trillion. Each tranche also requires SpaceX to build a permanent human colony on Mars that can hold at least one million people. Both conditions, every time.

🇺🇸 SpaceX tied Elon's pay to a Mars colony

Board approved: 200 million super-voting shares if they hit $7.5 TRILLION valuation AND build a permanent Mars city with 1 million people.

Plus 60M more if they run 100 terawatts of space data centers.

Zero if they miss.

This is how… pic.twitter.com/oQYiAm54Nq

— Mario Nawfal (@MarioNawfal) April 29, 2026
A second award covers 302,072,285 shares, carried over from the xAI merger and reissued in March. It runs across 12 tranches, from $1.065 trillion to $6.565 trillion. It also requires data centers off Earth delivering 100 terawatts of computing power a year.

Here is the part nobody reported. SpaceX judged both sets of milestones improbable as of March 31 and has recorded no compensation expense for either.

The company assigns these shares a cost of zero because it does not expect to pay them. Traders agree.

On Kalshi, a crewed Starship flight to Mars before 2030 shows a modest 13% chance, though that market is thinly traded at just $52,405.

Odds of Starship launches humans to Mars before 2030. Source: KalshiThe 350 million options are a different story. They vested in January, carry a strike of $8.3998, and run to 2031. Musk would need about $2.94 billion in cash to convert them into stock worth roughly $52 billion.

What Changes Before June 2027None of it is sellable yet. Musk agreed to a 366-day lock-up when SpaceX priced its IPO in June, and his shares carry no early-release triggers. His date is June 12, 2027.

Other holders exit first. Roughly 319 million shares are issued for free on Thursday, one of several tranches running through 2027. Anyone modeling the eventual Musk supply should use 4.77 billion shares, not 6.42 billion.

Traders who wanted SpaceX without the queue found other routes. Three SpaceX tokens launched on Solana the day the stock listed, and they settle around the clock. The founder holds the least liquid position in his own company.

One number did not move. Musk voted on the restricted shares, whether they ever vest or not, which left him with 82.4% of the vote at listing. His stake shrank on paper. His control never did.

In brief Solana's PUMP is today's the top performer in the top 100 coins by market cap, up 8.26% The technical signals on the charts are starting to paint a more optimistic picture for PUMP holders. Protocol revenue on the Pump.fun app hit a new weekly high of $10.03 million on August 11. The crypto market is up 1.1% on a Monday that opened with Fear & Greed Index score at 39, meaning markets may still be fearful, but they're not in panic mode anymore. Meanwhile, the Altcoin Season Index is at 44 out of 100, which typically means traders go to Bitcoin as a hedge against volatility and overly bearish movements. Bitcoin dominance remains high enough that most altcoins are treading water.

The native token of the Solana meme coin factory, Pump.fun, is not treading water. Pump’s token, which trades as PUMP, is the best-performing coin in the top 100 on the day, posting almost 9% of gains in today’s trading session. And the technical signals are finally backing up what the revenue numbers suggested weeks ago.

PUMP bottomed at $0.001491 in July and has since nearly doubled, touching $0.003000 intraday today before settling at $0.002933. The monthly gain sits at roughly 90%, per CoinMarketCap

The 50-day Exponential Moving Average, or EMA—which tracks short-term price momentum by weighting recent closes more heavily, is crossing above the slower and longer-term 200-day EMA, which represents the long-term trend baseline. That crossover, called a golden cross, signals a structural shift from a bearish trend to a bullish one.

It's not a guarantee of continuation, but it is the first time since PUMP launched in mid-2025 that short-term momentum has overtaken the long-term average from below. After months in which the 200-day served as a ceiling, it's now beginning to act as a floor.

The Average Directional Index, or ADX, measures trend strength independent of direction on a scale from 0 to 100. Anything above 25 is considered a trending market; anything above 40 is a strong one. PUMP's ADX reads 45.3, with the positive directional indicator above the negative—meaning bulls are in control of a strengthening move. The Relative Strength Index, or RSI, sits at 51.4, above the 50 midline that separates bullish from bearish momentum territory, but far enough from 70 to leave room for continuation without an overbought red flag.

What's driving the moveThe chart isn't operating in a vacuum. The protocol generated $11.52 million in seven-day revenue, per DefiLlama, of which $5.37 million flowed directly to PUMP token holders through the buyback-and-burn program—the mechanism that converts fee income into direct buy pressure on the token.

This means the float has seasoned, early distribution has largely cleared, and a consistent buyback gives the chart a fundamental bid that chart patterns alone don't.

Also, Pump.fun's new social trading features introduced to compete against trading app Fomo's offerings to top traders appears to have restored confidence in the protocol's positioning.

The derivatives market is also aligned. Open interest in PUMP perpetuals stands at $238.42 million, per Coinglass, up from roughly $189 million two weeks ago, when the token was still testing $0.0025.

The simultaneous rise in price and open interest suggests fresh capital is entering rather than short positions closing. Funding rates have flipped positive during the recovery, meaning leveraged longs are now paying shorts to hold their positions—a signal that the market is building conviction, though one that makes the setup more vulnerable to a sharp flush if price reverses.

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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Pump.fun Under Fire Again: Curve Finance Founder Calls It a ‘Casino’ for Meme Coins

Solana Price Forecast: SOL holds above $75 as ETF inflows lift bulls

Bitwise Asset Management announced a partnership with Superstate on Thursday to develop the capability for shares of certain Bitwise funds to be held in tokenized form, naming its Solana Staking ETF as the expected first candidate, though the firm was clear there's no guarantee the product ultimately launches that way.

Under the framework the companies are developing, tokenization would change only how share ownership is recorded, not the rights attached to it. Investors would continue buying the same shares of the same fund, through the same channels, at the same net asset value — the only new choice is whether those shares sit in traditional book-entry form through the Depository Trust Company or as a blockchain-based token maintained through Superstate's transfer-agency infrastructure. Tokenized shares would not be freely transferable outside that recordkeeping system, so they wouldn't move to other wallets or trade on decentralized exchanges the way most crypto tokens do. BSOL, which lists on NYSE Arca, held roughly 8.19 million SOL worth approximately $622.8 million in net assets as of August 12, and continues staking its full Solana position through Bitwise's own validator infrastructure for a roughly 7% reward rate. Superstate's existing funds, USTB and USCC, have already run this same infrastructure at institutional scale before Superstate began licensing it to outside asset managers through its FundOS platform.

BSOL wasn't chosen at random. Blockhead covered its record-setting arrival in October 2025, when the fund pulled in $65 million on its opening day and $72 million on its second — the strongest debut of any ETF launched that year, according to Bloomberg's Eric Balchunas. Blockhead's coverage of the Solana staked-ETF category since has tracked how competitive it's become: Morgan Stanley entered the space in July with lower fees than Bitwise, Grayscale, and REX-Osprey, betting that brand recognition with wealth managers mattered more than being first. Tokenization gives Bitwise a different kind of differentiation to compete on — not price, but format.

The framing matters more than the mechanics. Bitwise isn't proposing a crypto-native product; it's proposing a new settlement rail for a fund that already exists inside the regulated ETF wrapper, keeping DTC book-entry as one option rather than replacing it outright. That's a narrower, more conservative version of tokenization than the fully onchain models some rivals have floated, and it's precisely the caution that makes this plausible as the actual first mover: a fund manager testing whether large asset managers will accept blockchain-based recordkeeping without first requiring them to accept blockchain-native trading, transferability, and custody all at once.

Key Takeaways SOL maintains position at $75.55, remaining above critical $73-$75 support area Institutional interest persists with $10.26 million ETF inflows recorded during the past week Seven consecutive weeks of positive ETF flows demonstrate sustained demand Bulls must overcome the $78-$80 barrier to unlock moves toward $100 and $113 A breakdown below $73 could trigger downside movement to the $60-$61 zone Solana (SOL) maintains a price of $75.55 as of Monday, registering a modest 0.20% gain over the last 24-hour period. The cryptocurrency’s market capitalization stands at approximately $44.03 billion, while daily trading activity hovers around $629 million.

Solana (SOL) Price Despite a 2.18% decline over the previous week, SOL discovered buying interest at an upward-sloping trendline. The token currently consolidates within the $73-$75 range, a zone market observers consider pivotal for near-term direction.

Institutional capital continues flowing into Solana-linked products. According to SoSoValue metrics, spot ETF vehicles attracted $10.26 million in fresh capital last week. This represents the seventh uninterrupted week of net positive inflows and registers as the strongest weekly performance since May 22.

CryptoQuant analytics reveal a moderately constructive picture. Substantial whale accumulation appears in spot trading venues, while derivatives markets display reduced activity. Additional indicators maintain neutral positioning.

From a technical perspective, SOL maintains support just above its 50-day exponential moving average positioned at $75.48. The price remains beneath both the 100-day EMA at $78.10 and the 200-day EMA at $88.69.

The Relative Strength Index registers approximately 52, indicating balanced momentum. The MACD indicator holds within positive territory, reflecting price stabilization without clear directional conviction.

Critical Resistance Between $78-$80 Market analyst Alex Marzell highlights that Solana has encountered repeated rejections within the $78-$80 price corridor. Previous attempts to breach this level resulted in pullbacks, establishing this zone as the immediate challenge for bullish participants.

$SOL IS GETTING REJECTED AGAIN. 🩸

This resistance has already been tested multiple times, and SOL is now facing rejection #2.

The first rejection sent price lower.

If this one confirms as well, $60–61 becomes the next major demand zone.

SOL needs to reclaim $78–80 to… pic.twitter.com/7hmW9lJItq

— Alex Marzell (@MarzellCrypto) August 15, 2026

Should downward pressure intensify and SOL surrenders the $73 threshold, Marzell projects the $60-$61 region as the subsequent significant support destination.

Analyst Astekz characterizes recent price behavior as erratic yet structurally constructive. SOL appears to be escaping a downward-sloping channel while defending its horizontal support foundation.

Analyst Eliz observes that SOL maintains positioning above the Ichimoku Cloud indicator on the 4-hour timeframe, reinforcing the ongoing consolidation above the $73-$75 breakout threshold.

Extended Price Projections Analyst ray has detected a symmetrical triangle formation developing on the Solana chart. A validated breakout from this technical pattern suggests a potential advance toward $113, with $100 representing the initial psychological milestone.

Cryptocurrency analyst KillaXBT communicated via X that following Bitcoin’s eventual bottom formation, a 100–150% rally for SOL becomes “absolutely in play,” while acknowledging uncertainty regarding new all-time peak achievement.

Looking further ahead, analyst Sweep forecasts SOL reaching approximately $200 by 2027. This projection incorporates anticipated regulatory framework development, expansion in real-world asset tokenization, stablecoin ecosystem growth, and sustained memecoin activity within the Solana network.

The chart analysis from Sweep pinpoints $179 as an intermediate Fibonacci extension before approaching the broader $212 target territory.

With SOL currently positioned at $75.55, market participants maintain focus on the $78-$80 resistance ceiling above and the $73 support floor below as the determining factors for subsequent price movement.

Solana (SOL) remained stable at $75.55 on Monday, posting a modest 0.20% gain over the past day. The token’s market capitalization hovered around $44.03 billion, with daily trading volumes reporting $629 million. Despite moderate short-term movement, SOL has managed to sustain key technical levels as market participants monitor the next directional signal.

Institutional interest underpins recent performanceSOL experienced a 2.18% decline over the previous week but found buyers at an ascending trendline, according to market data. The token is consolidating between $73 and $75, an area widely described by analysts as crucial for dictating the near-term trend.

Data from market intelligence provider SoSoValue showed that spot exchange-traded fund (ETF) products tied to Solana attracted $10.26 million in net inflows last week. This marks the seventh consecutive week of positive ETF flows, setting a new high since late May and reinforcing ongoing institutional interest.

SOL-linked ETF inflows reached $10.26 million last week, extending a record streak and signaling persistent demand from institutional investors as the asset holds above major support.

On-chain analytics platform CryptoQuant outlined that large holders have continued to accumulate SOL on spot exchanges, while participation in derivatives markets has tapered. Broader market indicators currently remain neutral, reflecting uncertainty amid consolidating prices.

Key technical levels and analyst perspectivesFrom a technical standpoint, SOL’s price remains slightly above its 50-day exponential moving average at $75.48, but below the 100-day and 200-day EMAs at $78.10 and $88.69, respectively. The Relative Strength Index (RSI) is near 52, indicating balanced momentum. Meanwhile, the MACD, a momentum indicator, persists in positive territory but without a clear directional signal.

Market analyst Alex Marzell highlighted that repeated rejections have occurred in the $78 to $80 price zone for SOL, making this region an immediate obstacle to upward progress. Previous attempts to move past this resistance resulted in reversals toward lower support levels.

If SOL cannot reclaim the $78–$80 area, the next major demand zone is likely in the $60–$61 range.

Marzell suggested that increased selling below the $73 support could trigger a retreat into the $60–$61 range. Analyst Astekz described recent trading as volatile but structurally constructive, with SOL apparently emerging from a downward channel while defending established support. Analyst Eliz noted that SOL continues to hold above the Ichimoku Cloud on the four-hour chart, reinforcing the significance of the current $73–$75 consolidation area.

Broader forecasts and price targetsAnalyst Ray has identified a symmetrical triangle pattern developing on the Solana chart. A confirmed breakout from this formation may open the door for an advance toward $113, with $100 viewed as the first major psychological level.

Cryptocurrency analyst KillaXBT suggested that after Bitcoin completes its next major correction, SOL is positioned for a potential gain of 100 to 150% from current levels. However, the analyst emphasized the uncertainty regarding whether this rally would produce new all-time highs for SOL.

Looking further ahead, analyst Sweep forecasted that SOL could approach $200 by 2027. This projection factors in possible regulatory progress, growth in tokenized real-world assets, a more robust stablecoin ecosystem, and heightened memecoin activity within the Solana blockchain.

Sweep’s technical chart points to $179 as a key intermediate price extension, with $212 as a broader upside target.

Market attention remains focused on whether SOL can overcome the $78–$80 resistance or maintain support above $73. These levels are viewed as defining factors for Solana’s next major trend.

MetricCurrent ValueSignificancePrice$75.55Current consolidation levelMarket Cap$44.03 billionOverall network valuationETF Inflows (weekly)$10.26 millionSeventh consecutive week of gainsKey Resistance$78–$80Immediate challenge for bullsKey Support$73Critical threshold for downside riskFurther Support$60–$61Potential target if $73 failsLong-term Target$200 (by 2027)Forecast based on adoption and regulationMini dictionary: ETF (Exchange-Traded Fund), a type of investment fund traded on stock exchanges, offers exposure to a variety of assets—including cryptocurrencies like Solana—without requiring direct ownership of the underlying tokens.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Solana's price is essentially unchanged despite a significant increase in derivatives activity, which could lead to a much more volatile next move. The volume of SOL futures has more than doubled over the past day on a number of major exchanges, but the positioning data that goes along with it suggests that there may be another price decline. 

Solana gains more fatBinance reported a 24-hour SOL futures volume of about $890 million, up 144.8%. Bybit added 108.6 percent, while OKX's volume rose by 146.1%. Increases of about 154%, 210%, and 168%, respectively, were seen on Gate, Bitget, and Hyperliquid. 

SOL/USDT Chart by TradingViewHowever, SOL's 24-hour performance is essentially flat and it is still close to $75.30. The discrepancy suggests that increased trading activity has not resulted in strong directional demand. Additionally, positioning has a strong long bias. Whereas OKX reports 2.42, the Binance account long/short ratio is roughly 2.43. 

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At 2.71, Binance's top-trader account ratio is even higher. Although this positioning does not guarantee a decline, it makes SOL more vulnerable to liquidation in the event that it loses support. Liquidation data already show that risk. About $6.07 million in SOL positions, including $4.60 million in longs and $1.47 million in shorts, were liquidated over the course of a day. 

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The chart offers yet another reason to exercise caution. SOL remains below the intermediate moving average at about $78.10 and trades close to $75.30. More significantly, the long-term moving average is still considerably higher at $89.26, indicating that the overall structure remains weak. 

Short-term levels are formedShort-term support is between $74 and $75. If selling picks up speed, losing this area could expose SOL to another move toward $70-$72, followed by the lows of July and August. However, if buyers regain control, the volume expansion could be beneficial. 

The first more compelling sign that higher participation is encouraging accumulation rather than speculative leverage would be a persistent break above $78–$80. For the time being, however, crowded long positioning and increased futures activity are creating asymmetric risk.

 If SOL does not break out to support the leverage being built around it, some of those new positions may be forced out of the market by another retrace.

3 Token Unlocks to Watch in the Third Week of August 2026

Solana (SOL) is trading near $75.55, defending a key support level as traders evaluate whether the recent consolidation will pave the way for a breakout toward higher targets. Brave New Coin reports Solana has gained 0.20% in the past 24 hours, with a market cap of $44.03 billion and a daily trading volume of about $629 million.

Key levels maintain short-term bullish sentimentDespite recent sideways movement, market structure has started to improve. Prominent crypto analyst Astekz observed that while price action remains choppy, SOL is technically maintaining a positive stance as it attempts to break above a descending trendline while holding horizontal support in the $73-$75 area.

SOL is consolidating around its breakout region and holding support, leaving potential for further upward continuation if buyers sustain control.

Traders are closely watching the $73-$75 zone; a sustained move below this area could nullify the latest breakout attempt and expose SOL to lower support levels.

$78-$80: The resistance barrier for buyersThe immediate obstacle for SOL remains the resistance between $78 and $80. Analyst Alex Marzell highlighted that Solana has faced multiple rejections from this region in recent sessions, making the current attempt especially important for short-term direction.

A failure to move above $78-$80 has previously triggered declines, with eyes now on the $60-$61 area as the next significant demand zone if sellers gain momentum.

A break and hold above $78-$80 would offer stronger confirmation for buyers, while another rejection could increase downside risk.

A successful move above this resistance could open up further gains, reducing the likelihood of another significant pullback.

Consolidation above recent breakout supports positive outlookAnalyst Eliz points out that SOL is consolidating above the former resistance zone at $73-$75, now acting as support. The current price structure is also benefiting from stability above the Ichimoku Cloud on the 4-hour chart, signaling continued buyer defense at this level.

If SOL maintains support above both the cloud and $73-$75, analysts expect potential upside toward the $85-$87.20 region, especially if the $78-$80 resistance is reclaimed.

Mini dictionary: Ichimoku Cloud, a technical indicator that shows support and resistance levels, trend direction, and momentum, commonly used for identifying key price areas on various timeframes.

Chart patterns project targets of $100 and beyondAnalyst ray has identified a symmetrical consolidation pattern enveloping current price action, with Solana trading near the apex between descending resistance and rising support. Should an upside breakout occur, the chart projects an initial target near $100, with a broader technical objective extending to approximately $113. Both targets remain contingent on confirmation of a breakout, as a rejection could keep price within the established range.

Support AreaResistance AreaNext Upside TargetBroader Objective$73-$75$78-$80$85-$87.2$100-$113Longer-term analysts eye recovery to $200In a more optimistic scenario, well-known analyst Sweep sees potential for SOL to trade near $200 in 2027, citing several fundamental factors. These include possible regulatory shifts around the Clarity Act, expanded real-world asset tokenization, increasing stablecoin adoption, and ongoing development of Solana-based memecoins.

Sweep’s chart highlights $179 as an intermediate Fibonacci level before a broader goal near $212, although reaching these heights will require SOL to overcome major resistance between $100 and $140 and solidify a longer-term uptrend.

Mini dictionary: Clarity Act, a US legislative initiative aimed at providing legal clarity for digital assets and blockchain projects, which may impact the regulatory landscape for cryptocurrencies like Solana.

Critical levels to watch for market directionAnalysts emphasize the importance of the $73-$75 support zone in maintaining the current consolidation structure. On the upside, reclaiming $78-$80 could lead to moves toward $90-$95 and the psychological $100 level. Failure to hold $73 raises the risk of a drop toward $70, with the $60-$61 range viewed as the next major support if selling intensifies.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Solana (SOL) remains confined within a wide trading range as bulls defend key support and bears repeatedly reject upside moves. The market awaits a decisive breakout or breakdown to confirm its next direction. At present, both buyers and sellers appear to be locked in a standoff, leaving the short-term trend unresolved.

Price structure and bullish reversal prospectsSOL is currently priced at $75.31, reporting a 24-hour trading volume of $588.8 million and a total market capitalization of $43.88 billion. Analysts noted a stable price pattern over the last day, with the current formation possibly signaling a reversal in favor of buyers if momentum shifts.

Crypto analyst The Boss observed that the token has spent weeks oscillating within a wide range after its previous sharp decline. While lower support has consistently held, repeated attempts to breach resistance levels have been unsuccessful.

Market watchers emphasized that a confirmed move above $81 could establish a bullish trend, potentially pushing SOL to higher resistance targets at $113, $138, $184, $206, and even $276. If sellers manage to drag the price below critical support, a renewed phase of selling may begin, undermining any recovery attempts.

This current sideways price action reflects muted momentum, as market participants await stronger signals. The next significant move is likely to determine the short-term outlook for Solana, either reinforcing bullish sentiment or reviving downward pressure.

DeFi growth and Solana’s dominance in tokenized assetsRecent data from Token Terminal shows Solana has emerged as the leading blockchain for the placement of stock tokens in DeFi wallets, capturing a 64.5% share of this market. This positions Solana significantly ahead of its nearest competitors, reflecting its growing relevance in the tokenized traditional assets segment.

BlockchainDeFi Stock Token Market Share (%)Solana64.5Ethereum13.5BNB Chain12.5Robinhood Chain7.0Base2.4Ethereum follows with 13.5%, BNB Chain with 12.5%, Robinhood Chain with 7.0%, and Base with 2.4%. Solana’s lead in this area underscores its expanding influence in the decentralized finance sector, particularly for tokenizing conventional assets on-chain.

Solana is a high-performance blockchain platform known for its fast transactions and low fees. Its prominence in DeFi has grown due to increased adoption by developers and institutions seeking efficient tokenization solutions.

Mini dictionary: Token Terminal, an analytics platform that tracks on-chain data and performance metrics for major blockchain networks, helping investors assess market dynamics and project growth.

Technical outlook and market factorsDespite optimistic price projections and expanding network activity, SOL’s price behavior currently remains neutral. This movement partly reflects broader market sentiment, as Bitcoin’s recent decline places additional pressure on altcoins.

Market participants will be watching closely to see if buyers can overcome resistance and establish lasting upward momentum. A failed breakout could open the door for sellers to reclaim control, while a decisive move higher may kickstart a new rally.

Price action over the coming days will determine if Solana can exit its range and confirm a trend, with attention focused on the $81 resistance and the lower support zone.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Bank Leumi, 0ne of Israel’s largest banking institutions, has formed a partnership with Galaxy Digital (Nasdaq: GLXY) to introduce cryptocurrency trading services for its clients. The collaboration positions the institution as the first bank in the country to plan direct digital asset trading offerings through its own platforms.

Under the arrangement, customers of Bank Leumi and its mobile digital banking division, PEPPER, will gain the ability to purchase, hold, and sell select cryptocurrencies—initially including Bitcoin, Ethereum, and Solana.

These transactions will occur within a dedicated, secure portion of the Leumi

Trade capital markets application, allowing users to manage digital assets alongside their existing investment activities without needing separate exchange accounts or personal wallets.

The service is projected to become available in early 2027.

Galaxy Digital will supply the core infrastructure via its GalaxyOne Institutional platform, which is designed for banks, asset managers, and other institutional clients and emphasizes institutional-grade execution.

Separately, Bank Leumi has agreed to utilize Galaxy’s Custody Infrastructure platform—previously known as GK8—to underpin the secure holding of digital assets.

Maya Ravia, Head of Strategy at Bank Leumi, highlighted the move as a key element of the bank’s broader innovation efforts.

She noted that it aims to deliver straightforward, secure, and regulated access to digital asset trading through leading technological systems.

Ravia emphasized the bank’s view that digital assets are increasingly embedding themselves into the global financial landscape, and that institutions like Leumi have a responsibility to offer customers participation in this evolution within a trusted banking environment.

Lior Lamesh, CEO of Galaxy Israel, framed the partnership as part of a larger shift in finance toward open and programmable systems.

He pointed out that early-adopting banks will help shape the coming era, and that Leumi selected Galaxy to enable this capability for Israeli customers.

Lamesh also referenced the rapid growth of the local digital assets market and Galaxy’s role in delivering a unified platform combining trading and custody with strong security standards, intended for banks worldwide.

Bank Leumi, established more than 120 years ago and operating without a controlling shareholder, serves millions of clients spanning households, small businesses, mid-sized firms, and large corporations.

It blends a physical branch network with advanced digital and artificial intelligence tools, having improved operational efficiency through ongoing technological upgrades.

Galaxy Digital, listed on Nasdaq under the ticker GLXY, focuses on digital assets and data center infrastructure.

Its offerings include trading, advisory services, asset management, staking, self-custody, and tokenization, while also developing facilities to support artificial intelligence and high-performance computing workloads.

This development follows an earlier, unrealized 2022 effort by the bank involving a different partner.

The current initiative relies on Galaxy’s established institutional tools and Israeli-rooted custody technology.

Commercial details such as fees and specific eligibility criteria have not been disclosed.

Regulatory clearance, including from the Bank of Israel, is anticipated as a necessary step before launch. The partnership reflects growing institutional interest in bringing cryptocurrency access inside established banking interfaces, potentially expanding regulated participation in digital assets within Israel’s financial system.