Solana maintained critical support near $75, keeping hopes for a significant rebound alive as traders watched for a potential move above the $82 to $94 resistance range. Technical analysis showed that buyers need to reclaim this zone to confirm a shift in market sentiment after a recent recovery from June’s lows.
Solana seeks to confirm recovery with $120 as upside targetAfter briefly dipping below the range low, Solana rebounded and is now testing the lower boundary around $75.20. Sustaining this level could indicate that the previous breakdown was temporary and may set the stage for a broader recovery toward the $98 mark and a possible advance to $120 over the coming months.
The chart revealed that SOL fell into the $60 to $65 support area but rapidly reclaimed the range floor, a technical pattern sometimes viewed as a positive reversal signal. If this bullish deviation holds, a push toward the $85 to $88 region is possible. This area recently acted as resistance, where Solana’s price momentum slowed before.
Should SOL move past $88 and break out above the upper range near $98, analysts see the potential for a market structure shift. In that scenario, Solana could aim for the $118 to $128 price target, provided buying pressure remains intact.
However, the recovery depends on Solana holding above $75.20 on a daily closing basis. Falling below this level could invalidate the recovery and shift focus back toward supports at $70 and the June low in the $60 to $65 range.
Price LevelImplication if broken$98Potential for upside continuation to $118-$128$75.20Losing support shifts risk to $70 and $60-$65 zone$62Major downside risk, opens $48 and $43 as next supportDownside risks persist below resistance, bearish scenario not invalidatedDespite recent stabilization, Solana faces significant resistance between $82 and $94, an area where several Fibonacci retracement levels converge. The asset struggled to reclaim this cluster, signaling that buyers may lack the momentum needed for a full reversal.
With the broader market structure still bearish, technical observers noted that failing to move past $94 raises the likelihood of further declines. If Solana closes below $62, analysts warned this could trigger a stronger selloff, potentially marking the start of a third Elliott Wave—the portion of a price sequence often associated with the sharpest losses.
In this scenario, downside targets include $48 and $43 as crucial intermediate supports. Should selling pressure intensify and higher support levels fail to hold, a drop toward $32 may become possible. This risk remains active as long as the $82 to $94 resistance is not convincingly reclaimed.
The bearish outlook could begin to recede only if Solana consolidates above the resistance area and establishes a higher price floor.
Mini dictionary: Elliott Wave — A technical analysis theory that proposes markets move in repetitive cycles, often described as five upward (or downward) waves followed by three corrective waves. The third wave is typically the strongest in trending moves.
Buyers need to reclaim the $82 to $94 resistance range for Solana to confirm a true market recovery; otherwise, downside targets at $48, $43, and possibly $32 remain in focus.
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.
Crypto does not move on one kind of catalyst. Some days it is price, some days it is policy, and some days it is infrastructure. Solana Holds Near $77 As Traders Look For Real Demand Behind The Bounce sits inside that mix, and it gives readers a useful snapshot of where attention is moving today.
For more details, visit the official GitHub platform.
TL;DR Solana Holds Near $77 is the main story for Solana Price today.Solana consolidating key support levels aligns with high active user addresses count relative to peers.The cleaner read is to focus on what the primary source actually shows, not to overstate what the update proves. What Changed This Week Price action here is useful only when it is tied to a real catalyst, liquidity shift, or visible positioning change rather than a standalone candle. That is the lens I would use here. The update is not valuable because it gives traders a magic answer. It is valuable because it adds another reliable data point to a market that has been moving quickly and, at times, messily.
Discuss how validator priority fees changes relate to current network congestion rates. That detail is important because it gives the story a specific centre of gravity. Without that, it would be too easy to turn this into a generic market move or a recycled headline.
For readers, the useful question is not simply whether Solana Price is getting attention. It is whether the underlying development changes access, liquidity, regulatory clarity, infrastructure reliability, or trader positioning. In this case, the answer is that it does give the market something concrete to evaluate.
The source trail matters here. The article is based on the primary source, which is a cleaner starting point than relying on second-hand summaries or social chatter.
Where The Story Goes Next The immediate read is also different depending on who is watching. Traders may focus on price and liquidity, while builders or compliance teams may care more about the rule, integration, product, or infrastructure detail. That split is exactly why the story is worth handling as a standalone article rather than burying it in a broader recap.
There is also a timing element. The July 15 update arrives after several sessions where crypto markets have been sensitive to macro headlines, ETF flows, regulatory signals, and exchange-level product changes. Any credible update that touches one of those channels is going to attract attention.
What should be avoided is the temptation to turn one development into a sweeping conclusion. A listing is not the same thing as adoption. A price rebound is not the same thing as a confirmed trend reversal. A new rulemaking step is not the same thing as final legal certainty. The value is in the narrower, more accurate read.
Solana coverage is strongest when it connects price action or user metrics to credible network usage. Fast chains can generate impressive activity, but the real question is whether the activity is durable and economically meaningful.
The Bottom Line For now, the story gives the market one more piece of evidence about where Solana Price sits in the current cycle. It may be about regulatory clarity, a product rollout, a price level, or a piece of infrastructure, but the same rule applies: the strongest conclusion is the one that stays closest to the source.
If follow-up data confirms the direction of travel, this could become part of a larger narrative. If not, it still gives readers a useful snapshot of how quickly crypto’s active themes are rotating across policy, infrastructure, payments, exchanges, and market structure.
That is why this deserves coverage now. It is not about forcing a dramatic market call. It is about giving readers a clear, grounded explanation of what happened, why it matters, and what still needs to be watched.
This report is based on information from the primary source.
This article was written by the News Desk and edited by Samuel Rae.
A Japanese asset management giant just turned its high-dividend equity strategy into a token you can hold on Solana. SBI Global Asset Management and DigiFT launched the JX token on July 14, making it the first time a Japanese asset manager’s listed-equity strategy has been tokenized and brought on-chain.
The token, formally called the SBI Japan High Dividend Equity Strategy Token, is built for accredited and institutional investors. It’s regulated under Singapore’s Securities and Futures Act.
What the JX token actually does The JX token gives institutional investors on-chain exposure to a high-dividend Japanese equity strategy managed by SBI Asset Management Co., Ltd., a subsidiary of SBI Global Asset Management.
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The strategy is growth-type, meaning there are no distributions at either the fund or token level. Investors are betting on capital appreciation from Japanese equities rather than collecting periodic dividend payouts.
The timing isn’t accidental. The Tokyo Stock Exchange has been pushing listed companies to improve capital efficiency, a campaign that’s renewed global interest in Japanese equities. High-dividend strategies in particular have benefited from this shift, as companies increasingly return capital to shareholders rather than hoarding cash on their balance sheets.
The Solana bet and DigiFT’s track record DigiFT, the regulated tokenization platform behind this launch, completed a tokenization project focused on a US equity income fund in collaboration with BNY in January 2026. The JX token represents DigiFT’s expansion from US-focused products into Asian equity strategies.
The two firms have also established a joint venture called SBI Onchain, specifically aimed at institutional on-chain finance.
SBI Holdings reported consolidated revenue of JPY 1.90 trillion for the financial year ending March 31, 2026. Its crypto-asset business alone generated JPY 89.6 billion in revenue.
The RWA boom in context The JX token arrives during a breakout period for tokenized real-world assets on public blockchains. The sector expanded from $5.9 billion in 2025 to $21.9 billion, a nearly fourfold increase.
Most tokenized products to date have centered on US Treasuries, money market funds, or dollar-denominated assets. A Japanese equity strategy introduces currency diversification and exposure to a different market. The token operates under Singapore’s Securities and Futures Act, providing a clear legal framework for institutional compliance teams.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
SBI Global Asset Management has launched the world’s first tokenized Japanese equity fund on the Solana blockchain through a partnership with DigiFT, bringing a high-dividend equity strategy on-chain for institutional and accredited investors.
Summary
SBI and DigiFT have launched the world’s first tokenized Japanese equity fund on Solana. The JX token offers accredited and institutional investors on-chain access to a high-dividend Japan equity strategy. SBI is expanding its blockchain business alongside Ripple partnerships and its upcoming 3% JPYSC stablecoin lending product. According to an announcement shared by SBI Global Asset Management on July 15, the company has introduced the SBI Japan High Dividend Equity Strategy Token (JX token) in collaboration with DigiFT, a regulated real-world asset exchange.
The token gives accredited and institutional investors blockchain-based access to a Japanese high-dividend equity strategy managed by SBI Asset Management Co. The launch is also DigiFT’s first on-chain tokenization of a Japanese equity fund.
Solana powers SBI’s latest tokenized investment product Built on the Solana blockchain through DigiFT’s tokenization infrastructure, the JX token expands SBI’s digital asset offerings beyond stablecoins and payments.
According to DigiFT, the product combines traditional Japanese equities with blockchain-based ownership while allowing investors to access institutional-grade assets on-chain.
Commenting on the launch, DigiFT founder Henry Zhang said the company has focused on bringing institutional assets onto blockchain infrastructure that investors and asset managers can trust.
“Our mission at DigiFT has always been to bring real, institutional-grade assets on-chain through infrastructure that investors and asset managers can actually trust. JX extends that mission to Japan for the first time.”
The platform also supports settlements in USDC, while DigiFT said integration with a Japanese yen stablecoin is planned for a later stage. According to the company, token holders will also be able to use the asset in decentralized finance applications, including lending and asset management protocols such as Morpho.
The rollout comes as interest in tokenized real-world assets continues to grow across financial markets, with asset managers increasingly exploring blockchain-based distribution for traditional investment products.
Ripple partnership continues alongside multi-chain expansion Although SBI Holdings has worked closely with Ripple since 2016 through initiatives including SBI Ripple Asia and more recent collaborations around the RLUSD stablecoin, the new equity fund has been launched on Solana because DigiFT’s tokenization platform is built on that network.
The move adds another blockchain to SBI’s digital asset strategy rather than replacing its existing relationship with Ripple. SBI and Ripple continue to work together on expanding XRP and XRP Ledger adoption across Japan.
Most recently, the companies partnered with Doppler to encourage institutional use of XRP in the country. Earlier, SBI also selected Ripple to support RLUSD stablecoin distribution in Japan as part of its multi-stablecoin strategy.
SBI has simultaneously been expanding its yen-backed stablecoin business. As previously reported by crypto.news, the financial group is preparing to introduce a lending product offering a fixed 3% annual yield on its JPYSC stablecoin through SBI VC Trade. The service, which could launch as early as this month, is expected to require users to lock their JPYSC holdings for three months.
The planned lending product follows the release of JPYSC, Japan’s first trust bank-backed yen stablecoin issued by SBI Shinsei Trust Bank. SBI previously said the stablecoin was designed to reduce transaction costs, support large-value transfers, and serve both retail and institutional users, complementing the company’s growing portfolio of blockchain-based financial products.
Do trades fill better on Solana than on Coinbase? JTX's new Good Trade feature puts that to the test on every order.
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Jito launched JTX yesterday, bringing a new self-custodial trading platform to Solana just as onchain speculation intensifies again. Founder Lucas Bruder (you may know him as buffalu) joined the podcast alongside the launch to explain why the team that spent years building Solana's backend now believes it can build the frontend traders use.
After months of attention tilting toward Hyperliquid, SOL has outperformed every other major, including HYPE, over the past month while ANSEM pulled traders back into the trenches. But Hyperliquid is no longer the only rival. Robinhood Chain is drawing speculative volume of its own, and it arrives with retail distribution neither Solana nor Hyperliquid can match.
Solana's problem was never capability. It has the assets, the liquidity, and the execution. What it lacks is coherence. Trading on Solana still means moving between wallets, aggregators, charting platforms, portfolio trackers, meme terminals, and individual protocols. Useful as those are, they leave the chain without a single professional front door.
Jito wants JTX to be that gateway: one interface that unifies Solana trading and proves it's simply better trading onchain here compared to offchain.
— Bankless (@Bankless) July 15, 2026 What Is JTX?JTX is Jito's new self-custodial trading platform, initially focused on spot markets across majors and established speculative assets (not lowcap memes).
It's not the first platform to try to organize Solana trading. Axiom already serves much of its meme economy, while wallets and aggregators reach many of the same markets.
JTX's pitch rests less on inventing a new interface than on where Jito started.
If Solana were a building, Jito has spent years behind the walls, working on the plumbing and electrical systems that keep activity humming. Its infrastructure already shapes whether trades land quickly and reliably.
JTX turns those years of learning what makes the network tick into a clean consumer product with the execution to match, built for a trader Bruder calls "the prosumer," i.e. someone who wants Solana's speculative breadth with the tools and presentation of a professional exchange.
JTX's wager is that a team that understands Solana from the inside can build a better way to trade on its surface, and pull more users onto it in the process.
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— Bankless (@Bankless) July 15, 2026 Who Is JTX Competing With?Bruder does not treat Jupiter, Pump.fun, or the protocols feeding JTX's liquidity as the real competition. Those are pieces of the Solana stack JTX packages. The target he names is grander: centralized exchanges, and eventually Nasdaq and the New York Stock Exchange.
The whole thesis turns on one conviction: a trade can fill better on Solana than on Coinbase or Kraken. Jito builds that claim straight into the product. Through a feature called "Good Trade," JTX runs your order against the major centralized exchanges at the moment you trade and shows how the onchain fill compared and how much you saved.
— buffalu (@buffalu__) July 13, 2026 Two things make the claim credible. Solana's execution has matured to where onchain prices now rival a centralized exchange's. And Jito knows the network better than anyone routing across it from the outside: where trades get slow, where they get sandwiched, and which routes quietly cost users money. JTX routes around all of it.
None of this edge comes from special access. JTX gets no preferential treatment from Jito's infrastructure. The advantage is knowledge, not privilege, which is why Good Trade matters. It benchmarks every fill against the exchanges in real time, so no one has to take this edge at their word. Bruder says early results already show majors are cheaper to trade on Solana. If the onchain fill isn't better, the feature says so. Jito is grading its own execution in public, one trade at a time.
What Comes Next and Where JTO FitsFor all that ambition, JTX launches with spot alone. Tokenized equities, perpetuals, and prediction markets come later.
Bruder is particularly focused on tokenized equities, JTX's clearest bridge beyond crypto-native trading. Solana already hosts multiple versions of the same stocks across issuers and liquidity pools. JTX hopes to hide that fragmentation behind a cleaner equity-trading experience.
As JTX adds markets, its growth also feeds Jito's token economics. Under JIP-38, a governance proposal put forward alongside the launch, 20% of platform fees would fund continued development while the DAO's 80% share would go toward programmatic JTO buybacks and burns through at least Q4 2027. That's the right mechanism for value accrual, though its impact depends on JTX's fee rate and whether the product attracts meaningful volume.
JTX was built to give users access to the markets that live on winning infrastructure.
The value it creates should flow back to the Network.
JIP-38 proposes directing 100% of the DAO’s share of JTX fees towards buying back and burning $JTO programmatically for 1 year. https://t.co/Eq0kNySNYL
— JTX (@jtx_trade) July 13, 2026 Bruder himself is unbothered by Robinhood. He calls its distribution "incredible," notes Solana's is strong too, and is open to integrating other chains eventually, just not yet. His ambition runs past any single rival: to let users "trade any asset in the world," on Solana first and maybe beyond. The pressure is real, but it is distribution, not any one chain, that JTX has to answer.
Hyperliquid demonstrated what happens when a blockchain and its flagship trading product feel like one integrated system. Robinhood Chain is now testing whether a consumer brand with real distribution can pull the same trick from the outside. JTX is Solana's answer: packaging its much broader speculative economy into a similarly coherent product.
Its first challenge is making that economy feel like one professional market. Its larger one is proving, through the fills displayed inside Good Trade, that Jito's backend expertise can produce a frontend traders choose over existing onchain environments, and eventually the centralized exchanges against which JTX grades itself.
Jito Declares War on Coinbase & Binance | Lucas Bruder on the Launch of JTX on Bankless
Onchain trading infrastructure is reaching a point where it can seriously compete with centralized exchanges.
Solana-based animation studio Claynosaurz has taken another step beyond the crypto market, with Season 1 of its animated series now streaming on Amazon Prime Video.
Claynosaurz announced the launch on Tuesday, July 14, confirming that its new animated miniseries is available on Amazon Prime Video. The platforms give the clay-inspired dinosaur IP access to a potentially much larger mainstream audience, with Prime Video alone reaching more than 245 million subscribers globally.
The series debuts with three micro-episodes that follow four lifelong dinosaur friends, Flea, Bex, Trix, and Milo, as they navigate the complications of growing up together. The story takes place in Claynotopia, an imaginary world shaped by clay and childhood creativity. According to Claynosaurz, the short episodes offer glimpses into moments from a larger animated series.
Three Short Episodes Test a Bigger Idea The initial episodes run only 2 to 3 minutes, but Claynosaurz co-founder Nicholas Cabana believes the format reflects a broader shift in how entertainment companies evaluate intellectual property.
Cabana said Claynosaurz has held discussions with Amazon and other streaming platforms for some time. In his view, Prime Video's willingness to host a small collection of concept episodes suggests that distributors increasingly recognize the value of existing communities and fandoms.
"The real asset is fandom," Cabana wrote after the launch. He argued that content has become abundant and easier to produce, while audiences that repeatedly return, share content, and participate in a project's development remain scarce. A strong existing audience could reduce the discovery risk that traditionally comes with launching a new entertainment property.
Cabana also described the creator economy as gradually developing into an "IP economy," where creators can build audiences before pursuing traditional formats such as full television seasons or movies.
From a Solana NFT Mint to Claynotopia The Prime Video debut comes nearly 4 years after Claynosaurz began as an animation concept. Cabana and fellow animation industry veteran Dan Cabral started developing the Claynosaurz IP in late 2021. Cabana's brother, Phil Cabana, later suggested turning the concept into a Web3 and NFT project as the market gained momentum.
The team began teasing the project publicly in March 2022 with an image of a shadowy dinosaur. On April 29, it revealed its 3D dinosaur animation and announced plans for a 10,000-piece NFT collection, while initially keeping its choice of blockchain undisclosed.
Claynosaurz opened its Discord community in June and continued revealing characters, traits, and animated designs throughout the year. In September 2022, the team confirmed that it would launch on Solana.
That decision faced an early test following FTX's collapse, which severely affected sentiment and activity across the Solana ecosystem. Amid questions about whether Claynosaurz would move to another blockchain, the team maintained that Solana remained its home.
The collection was eventually minted on November 26, 2022. After completing its earlier mint phases, the 10,000 animated 3D NFTs sold out during the public mint in just 3 minutes.
The genesis collection featured six Clayno species: Rex, Trice, Stego, Ankylo, Bronto, and Raptor.
Claynosaurz Delivers on the NFT Boom's Biggest Promise The significance of the Prime Video launch stretches beyond Claynosaurz. During the 2021 and 2022 NFT boom, countless projects sold investors a similar vision: mint a collection, build a loyal community, and use Web3 to turn digital characters into globally recognized entertainment franchises.
Some of the industry's biggest collections raised or generated millions of dollars in pursuit of that ambition. Azuki expanded into anime with Enter the Garden, while Cool Cats released the 13-episode The Milk Chug on YouTube. Other NFT brands announced plans for television, film, gaming, and broader media as founders pitched their collections as the next generation of entertainment IP.
However, no NFT-native project has delivered on that original animation promise at the scale Claynosaurz has now reached. The Solana-born brand has moved its characters onto Prime Video, putting its animated content on major global streaming platforms and within reach of Prime Video's more than 245 million subscribers.
The milestone stands out because Claynosaurz raised considerably less than many of the NFT boom's largest projects. Its 10,000-piece collection generated about $1.34 million from its 2022 mint. Yet, nearly 4 years later, the team has turned its clay dinosaurs into a streaming series, a Gameloft mobile game, merchandise, and live fan experiences.
In an industry where the promise of building the "next Disney" became an increasingly common NFT sales pitch, Claynosaurz has now provided one of the clearest examples of a Web3-native intellectual property crossing into mainstream entertainment.
A Web3 Project Built Around Entertainment IP Claynosaurz has always positioned its NFTs as an entry point into a broader entertainment property. The studio brought together artists with experience at Sony, Disney, DreamWorks, Ubisoft, Netflix, Warner Bros., Marvel, and Industrial Light & Magic. Its core story follows a young boy who discovers toys, maps, and clay in his grandparents' attic and imagines the dinosaur world of Claynotopia.
Over time, Claynosaurz expanded its digital ecosystem with Claymakers, Clays, Sardinhas, Croissants, Tacos, Pizzas, and other collectibles. Its physical booster pack activations also used NFC technology to connect real-world cards with digital collectibles, introducing the project to audiences beyond existing NFT users.
Pelekis said in 2023 that the team's long-term objective was to expand Claynosaurz through traditional distribution channels while developing entertainment IP that starts in Web3 and extends into other formats. The Prime Video launch now puts that strategy into practice.
Read More on SolanaFloor Pump.fun Faces $121M Token Unlock as Robinhood Takes Memecoin Market Share
Jupiter Gacha Launch Sparks $3.3M in Pack Openings Within First 22 Hours
English한국어繁體中文ไทยPortuguêsItalianoDeutschFrançaisEspañol Circle’s USDC Treasury minted $500 million in USDC on the Solana blockchain on July 14, 2026, executing the issuance in two $250 million tranches within roughly two hours. SOL climbed toward $78 on July 15 as the fresh stablecoin liquidity coincided with softer U.S. inflation data and a broader risk-on move across crypto markets.
Why $500M in Fresh USDC Matters for Solana The twin mints pushed Circle’s cumulative 2026 USDC issuance on Solana past $66.76 billion, according to on-chain data tracked by Onchain Lens. Solana now holds between $7.2 billion and $8.6 billion in circulating USDC, reinforcing the network’s role as one of Circle’s most active chains for stablecoin creation.
The injection arrived after weeks of selling pressure had dragged SOL well below its May highs. Pump.fun’s cumulative sales of roughly $780 million in SOL and broader institutional distributions weighed on price through June. Daily trading volume on July 15 climbed above $2.1 billion, suggesting the rebound carried more conviction than short-term speculation alone.
First SuperTrend Buy Signal Since October Lifts Sentiment Crypto analyst Ali Martinez, known as Ali Charts on X, flagged that Solana’s three-day chart printed a SuperTrend buy signal for the first time since October 10. The indicator flipped after the Average True Range trailing stop moved beneath SOL’s price action near $78.
“If buying pressure continues to build, $SOL could rally toward $96 or even $121. However, $60 remains the key level to watch,” Martinez wrote. The previous SuperTrend sell signal preceded a roughly 74% correction, making the fresh flip notable for traders assessing whether Solana’s multi-month downtrend has exhausted.
CoinGlass liquidation data shows dense short-liquidation clusters stacked between $78.50 and $80, with additional concentration toward $81.50. A push through those levels could trigger forced buying from bearish positions.
Stablecoin Depth is Becoming Solana’s Institutional Pitch The scale of Circle’s minting activity on Solana in 2026 is shifting the network’s investment case. Gross USDC issuance on a single chain exceeding $66 billion in roughly six months signals that institutional market makers and payment providers are treating Solana as primary settlement infrastructure, not an alternative chain for retail speculation.
That distinction matters as the Alpenglow consensus upgrade approaches mainnet. The upgrade, which targets roughly 150-millisecond finality and has been running on a community test cluster since May 11, would make Solana’s confirmation speed competitive with centralized payment rails rather than just rival blockchains.
Analyst Michaël van de Poppe has argued that the $75 to $77 zone must hold as support for SOL to sustain its recovery toward $100. A break below that range would return focus to the $70 support area, where leveraged long positions remain concentrated.
The 100-day moving average near $80.30 represents the first major overhead barrier, and failure to clear it could keep SOL locked inside its consolidation range.
Solana’s tokenized real-world assets have grown to roughly $3.3 billion, and the network’s partnership with SBI Holdings to expand on-chain financial infrastructure in Japan adds to the institutional footprint. The next catalyst on the calendar is the Agave v4.2 release targeted for August 17, which introduces foundational features for the Alpenglow migration.
The trading volumes of the top crypto assets have been dwindling since July 2024, wrote the analytics platform Santiment in a post on X.
Source: Santiment on X The trading activity was at its weakest average level in two years. It reflected weak demand and lower market confidence. Market participants are not rotating capital as aggressively, and each sell-off prompts more capital to flee.
Heavy macro pressure, Bitcoin [BTC] spot ETF outflows, and bearish price action since October 2025 for the leading crypto helped explain the dwindling volumes.
Thin liquidity means that reduced demand would mean rallies can be more easily faded. Yet, if seller exhaustion has reached cyclical extremes, a subsequent recovery could be quick, and even modest buying pressure could move prices quickly.
The Solana buying opportunity Source: Ali Charts on X Against this backdrop of reduced volume, Solana [SOL] has turned bullish, according to crypto analyst Ali Martinez. The popular technical analyst used the SuperTrend tool on the 3-day timeframe to show that the ATR trailing stop has flipped bullishly.
This is a buy signal, and the $96 and $121 levels were the next levels to watch out for.
The Hodler Net Position Change metric on Glassnode has been positive throughout 2026. The metric tracks the monthly position change among long-term investors, and positive trends show hodlers were actively adding to their holdings.
SOL still trading within a bearish trend Source: SOL/USDT on TradingView The swing lows at $95.26 and $67.50 were broken earlier this year, keeping the bearish Solana swing structure in place. Based on the drop from $98.41 to $60.13, Fibonacci retracement levels were plotted.
The $83.79 and $90.22 were the key resistance levels to watch out for. Another one was the $116 level, which was the realized price of Solana. Since the market price was well below this level, it showed that the aggregate holder base was facing unrealized losses.
This can prompt a sell-off on subsequent price bounces, making recovery harder until the wider market recovers and attracts greater capital inflows.
Recent selling pressure has also been reinforced by large token movements. A $15.14 million onchain SOL token move from Alameda Research was spotted recently, and the subsequent short-term price move resulted in just over $10 million in long liquidations.
Final Summary The Solana buy signal in recent days and hodler accumulation trends throughout 2026 gave the altcoin a bullish tint. Yet, the price charts and overhead supply zones meant a meaningful recovery would be difficult and requires greater capital inflows.
Martinez warned that the bullish outlook would be invalidated if the price slips under $60.
Solana (SOL) joined the broader crypto rebound after cooling US inflation data, climbing back toward $80.
According to some analysts, this could be the beginning of a more substantial rally that might push the price well beyond the psychological level of $100.
SOL Turns Bullish The renowned analyst Ali Martinez claimed that the Average True Range (ATR) stop has flipped below price, marking the first SuperTrend buy signal on Solana since October 10.
He believes that if buying pressure continues to build, SOL could surge toward $96 and even $121. At the same time, Martinez paid close attention to the $60 level, noting that a drop below that support would invalidate the bullish setup.
Michael van de Poppe also chipped in, suggesting that the asset is at an important crossroads. He thinks that if SOL manages to keep its current valuation at around $77, it may trigger a much more substantial upswing. On the other hand, he warned that a drop below $73 could trigger a retest of the lows in the coming weeks.
Bloomberg’s James Seyffart pointed to a key regulatory development that may swing momentum toward the bulls. He revealed that Wall Street giant Morgan Stanley has filed updated documents to launch a Solana ETF with the ticker MSOL and a 0.14% fee. An eventual introduction of such a financial vehicle could draw additional investors into Solana’s ecosystem and benefit the price.
It is important to note that Morgan Stanley wouldn’t be the only behemoth offering that kind of a product, as Bitwise, Fidelity, Grayscale, VanEck, Franklin Templeton, Invesco, 21Shares, and Canary Capital have already jumped on the bandwagon. The cumulative net inflow into spot SOL ETFs to date has reached almost $1.15 billion.
You may also like: Solana (SOL) FUD Hits 2026 High: Why It Could Be a Bullish Twist Why Capital Is Flowing Into XRP, SOL, and HYPE Instead of BTC and ETH Here’s How Deeply Underwater Corporate Crypto Bets Have Become After Latest Crash Another Positive Factor The prolonged bear market and unmet ecosystem expectations have recently pushed Solana’s fear, uncertainty, and doubt (FUD) to its highest level for 2026.
This means that sentiment among market participants is extremely negative, and most weak-hand investors have already exited. The development could be interpreted as bullish, since the price often reverses when fear peaks, suggesting that the cycle’s bottom might have been formed.
Solana has set a new record with $3.47 billion in tokenized equities volume for June 2026, according to data shared by @SolanaFloor. This figure represents over 96% of the total global on-chain tokenized equity activity, underscoring Solana’s dominant position in this emerging market segment. The blockchain’s robust performance in capturing such a significant share of the market is consistent with its established reputation for high efficiency and scalable solutions in blockchain technology. This milestone is part of a broader trend where Solana has continuously led the tokenized equity market for more than 50 weeks, also boosting its Real-World Asset (RWA) value to peak levels.
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Key Takeaways Solana’s June 2026 volume in tokenized equities appears to solidify its leadership in the sector, capturing over 96% of market share. The network’s sustained dominance in tokenized equities is consistent with an increase in market confidence and potential upward movement in Solana’s market value. Pricing suggests that market participants view Solana’s recent performance as supportive of a positive trajectory for its asset value. What to Watch Watch for developments related to Solana’s technological upgrades, such as the Alpenglow deployment, which could further enhance the platform’s transaction processing capabilities. Additionally, any significant inflows into Solana-based ETFs or announcements from financial regulators like the SEC regarding new Solana-based products could influence market pricing. Observers will also be watching for Solana’s price movements, particularly if it approaches or surpasses critical price levels such as $90, which markets currently price at an 18% probability for July 2026.
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English한국어繁體中文ไทยPortuguêsItalianoDeutschFrançaisEspañol El Tesoro de USDC de Circle acuñó $500 millones en USDC en la blockchain de Solana el 14 de julio de 2026, ejecutando la emisión en dos tramos de $250 millones cada uno en aproximadamente dos horas. SOL trepó hacia los $78 el 15 de julio, mientras la nueva liquidez en stablecoin coincidía con datos de inflación en EE. UU. más suaves de lo esperado y un movimiento generalizado de apetito por el riesgo en los mercados de criptomonedas.
Por qué $500M en nuevos USDC son importantes para Solana Las dos acuñaciones llevaron la emisión acumulada de USDC de Circle en Solana durante 2026 a superar los $66.760 millones, según datos on-chain rastreados por Onchain Lens. Solana ahora mantiene entre $7.200 millones y $8.600 millones en USDC en circulación, lo que refuerza el papel de la red como una de las cadenas más activas de Circle para la creación de stablecoins.
La inyección llegó tras semanas de presión vendedora que había arrastrado a SOL muy por debajo de sus máximos de mayo. Las ventas acumuladas de Pump.fun, de aproximadamente $780 millones en SOL, junto con distribuciones institucionales más amplias, presionaron el precio a la baja durante junio. El volumen de negociación diario del 15 de julio superó los $2.100 millones, lo que sugiere que el rebote tuvo más convicción que la mera especulación de corto plazo.
Primera señal de compra SuperTrend desde octubre eleva el sentimiento El analista de criptomonedas Ali Martinez, conocido como Ali Charts en X, señaló que el gráfico de tres días de Solana marcó una señal de compra SuperTrend por primera vez desde el 10 de octubre. El indicador cambió de signo después de que el stop dinámico basado en el Average True Range se situara por debajo de la acción del precio de SOL, cerca de $78.
«Si la presión compradora continúa acumulándose, $SOL podría avanzar hacia $96 o incluso $121. Sin embargo, $60 sigue siendo el nivel clave a vigilar», escribió Martinez. La anterior señal de venta SuperTrend precedió a una corrección de aproximadamente el 74%, lo que hace que este nuevo cambio de señal sea relevante para los traders que evalúan si la tendencia bajista de varios meses de Solana se ha agotado.
Los datos de liquidaciones de CoinGlass muestran densos clústeres de liquidaciones en corto acumulados entre $78,50 y $80, con concentración adicional hacia $81,50. Un avance a través de esos niveles podría desencadenar compras forzadas desde posiciones bajistas.
La profundidad en stablecoins se convierte en el argumento institucional de Solana La magnitud de la actividad de acuñación de Circle en Solana durante 2026 está modificando la tesis de inversión de la red. Una emisión bruta de USDC en una sola cadena que supera los $66.000 millones en aproximadamente seis meses indica que los creadores de mercado institucionales y los proveedores de pagos están tratando a Solana como infraestructura de liquidación primaria, y no como una cadena alternativa para la especulación minorista.
Esa distinción cobra importancia a medida que se acerca a la red principal la actualización de consenso Alpenglow. La actualización, que apunta a una finalidad de aproximadamente 150 milisegundos y que viene funcionando en un clúster de pruebas comunitario desde el 11 de mayo, haría que la velocidad de confirmación de Solana fuera competitiva frente a los sistemas de pago centralizados, y no solo frente a otras blockchains rivales.
El analista Michaël van de Poppe ha argumentado que la zona de $75 a $77 debe mantenerse como soporte para que SOL sostenga su recuperación hacia $100. Una ruptura por debajo de ese rango devolvería el foco al área de soporte de $70, donde permanecen concentradas las posiciones largas apalancadas.
La media móvil de 100 días cercana a $80,30 representa la primera gran barrera superior, y no lograr superarla podría mantener a SOL atrapado dentro de su rango de consolidación.
Los activos del mundo real tokenizados de Solana han crecido hasta aproximadamente $3.300 millones, y la asociación de la red con SBI Holdings para expandir la infraestructura financiera on-chain en Japón se suma a su presencia institucional. El próximo catalizador en el calendario es el lanzamiento de Agave v4.2, previsto para el 17 de agosto, que introduce funciones fundamentales para la migración a Alpenglow.
การอัดฉีดครั้งนี้เกิดขึ้นหลังจากที่แรงขายกดดันราคาต่อเนื่องหลายสัปดาห์ ทำให้ SOL ร่วงลงต่ำกว่าระดับสูงสุดในเดือนพฤษภาคมอย่างมาก ยอดขายสะสมของ Pump.fun ที่ประมาณ 780 ล้านดอลลาร์ในรูป SOL รวมถึงการกระจายขายของสถาบันในภาพรวมกดดันราคาตลอดเดือนมิถุนายน ปริมาณการซื้อขายรายวันในวันที่ 15 กรกฎาคมพุ่งขึ้นเกิน 2.1 พันล้านดอลลาร์ ซึ่งบ่งชี้ว่าการฟื้นตัวครั้งนี้มีน้ำหนักความเชื่อมั่นมากกว่าเพียงการเก็งกำไรระยะสั้น
สัญญาณซื้อ SuperTrend ครั้งแรกนับตั้งแต่เดือนตุลาคมหนุนความเชื่อมั่น Ali Martinez นักวิเคราะห์คริปโตที่รู้จักกันในชื่อ Ali Charts บน X ระบุว่ากราฟรายสามวันของ Solana แสดงสัญญาณซื้อ SuperTrend เป็นครั้งแรกนับตั้งแต่วันที่ 10 ตุลาคม โดยอินดิเคเตอร์นี้พลิกกลับหลังจากที่ Average True Range trailing stop เคลื่อนลงมาต่ำกว่าการเคลื่อนไหวของราคา SOL ที่บริเวณ 78 ดอลลาร์
Damilola Esebame is a finance journalist and content strategist specializing in DeFi, crypto, macroeconomics, and FX. With eight years of editorial experience, he delivers data-backed explainers, interviews, and market updates that turn complex on-chain themes into practical insights. At FinanceFeeds he maps the DeFi landscape—stablecoins, tokenization, liquidity, and policy—linking digital-asset developments to macro drivers and market structure for brokers and platforms.
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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A prediction market player turned a $10.8 million loss into an $8 million profit in just two weeks.
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You press send on a crypto transaction and nothing happens. The wallet says pending. The block explorer shows your transaction floating in limbo, unconfirmed, with no clear indication of when, or whether, it will land.
Most people meet the mempool for the first time in exactly this moment of mild panic, and most of the advice they find assumes they already know what a mempool is. This guide starts from zero.
The mempool, short for memory pool, is the waiting room where every blockchain transaction sits between the moment you broadcast it and the moment a miner or validator writes it into a block. It is one of the least glamorous components of a public blockchain and one of the most consequential. The mempool decides how much you pay in fees, how long you wait, and, on some networks, whether a trading bot gets to see your order before it executes and profit at your expense. Understanding it turns confirmation delays from a mystery into a readable market signal.
This guide explains what the mempool actually is, why blockchains need a waiting room at all, how transactions move through it step by step, how fee markets decide who gets confirmed first, why there is no single mempool but thousands of slightly different ones, what happens when the queue overflows, how the mempool became the hunting ground for extractive trading bots, why Solana took the radical step of removing the public mempool entirely, and what practical steps you can take when your own transaction gets stuck.
What a mempool actually is A mempool is a database of unconfirmed transactions that every full node on a blockchain network maintains in its working memory. When you sign a transaction in your wallet and hit send, the transaction does not travel to some central server for processing, because no such server exists. Instead, your wallet hands the signed transaction to a node, and that node begins spreading it to its peers, who spread it to their peers, until most of the network has a copy. Each node that receives the transaction runs a series of checks and, if the transaction passes, places it in its local mempool to wait.
The word itself is a contraction of memory and pool, and the memory part matters. Nodes keep the mempool in RAM instead of writing it to disk, because speed is the point. When a miner assembles a candidate block, it needs to sort thousands of pending transactions by fee and select the most profitable set in a fraction of a second. When a new block arrives from elsewhere on the network, a node can validate it faster if most of the block’s transactions are already sitting in its own mempool, checked and ready.
The mempool is a staging area, a buffer between the chaotic, continuous stream of user activity and the rigid, periodic heartbeat of block production.
Why blockchains need a waiting room A traditional payment processor confirms transactions the instant they arrive because a single company controls the ledger and can simply write the entry. A public blockchain has no such authority. Thousands of independent nodes must agree on a single history, and they reach that agreement in discrete steps, one block at a time. Between blocks, the network needs a shared, informal picture of what users want to happen next, and the mempool provides it.
The waiting period also does critical security work. Before a node admits a transaction to its mempool, it verifies that the digital signature is valid, that the sender actually controls the funds being spent, that the transaction is correctly formatted, and that the same coins are not being spent twice. This last check matters more than it sounds. It is entirely possible for two conflicting transactions, both spending the same coins, to enter the network at the same time from different points. Some nodes see one first, some see the other. Each node rejects whichever conflicting transaction arrives second, and the conflict is finally settled when a miner includes one of the two in a block. The mempool is where these races are held and resolved.
The mempool also functions as the network’s early warning system. A rapidly filling mempool signals a surge of demand, a panic, an airdrop claim window, or a fee spike before any of it shows up in confirmed blocks. Traders, miners, and wallet fee estimators all read the mempool the way meteorologists read pressure systems.
The life of a transaction, step by step Following a single transaction through the pipeline makes the mechanics concrete. First comes creation: your wallet constructs the transaction, specifying the amount, the recipient, and the fee you are willing to pay, and signs it with your private key. The signature proves ownership without revealing the key itself.
Second comes broadcast. The wallet sends the signed transaction to one or more nodes, which begin relaying it across the peer to peer network. Propagation to most of the network typically takes a few seconds, and nothing about this step requires trust in the first node, since every subsequent node re-validates the transaction independently before passing it along.
Third comes validation. Every node that receives the transaction independently checks it. Invalid transactions, bad signatures, insufficient funds, malformed data, are dropped on the spot and never reach a mempool.
Fourth comes the wait. The transaction now sits in thousands of mempools across the network, visible to anyone running a node or using a public mempool explorer. How long it waits depends almost entirely on the fee attached relative to everyone else’s fees.
Fifth comes selection. A miner on a proof of work chain, or a validator on a proof of stake chain, assembles a candidate block by picking pending transactions from its mempool, almost always sorting by fee density so the block earns the maximum reward.
Sixth comes confirmation. The block is mined or proposed, propagated, and accepted by the network. Every node removes the block’s transactions from its mempool, and your transaction is now part of the chain. Each additional block built on top adds another confirmation and makes reversal exponentially harder.
How the fee market decides who goes first Block space is scarce and demand fluctuates, so blockchains ration space by auction. On Bitcoin, fees are measured in satoshis per virtual byte, a unit of transaction data size, so a transaction’s fee rate depends on both what you pay and how much space the transaction occupies. On Ethereum, the fee is gas, with a base fee that the protocol burns and a priority tip that goes to the validator. In both systems the logic is identical: block producers are profit maximizers, so they fill blocks with the highest paying transactions first.
This means your position in the queue is not fixed. A transaction that looked competitively priced at noon can be hopelessly underpriced by evening if demand surges. Wallets estimate fees by reading the current mempool, looking at what pending transactions are offering and how full recent blocks have been, then suggesting a rate likely to confirm within your chosen time window. Those estimates are educated guesses, not guarantees, and they go stale quickly during volatile markets. A fee that clears in the next block during a quiet Sunday can leave you waiting hours during a liquidation cascade, because everyone else’s willingness to pay moved while yours stood still. The auction never closes, and it reprices continuously.
When you underpay, most networks offer escape hatches. Bitcoin supports replace by fee, which lets you rebroadcast the same transaction with a higher fee that supersedes the original. A related trick, child pays for parent, attaches a high fee follow up transaction that spends the stuck one’s output, giving miners an incentive to confirm both together. Ethereum wallets let you resubmit a transaction with the same nonce and a higher gas price, which replaces the pending version. Knowing these tools exist converts a stuck transaction from an emergency into an inconvenience.
There is no single mempool People say the mempool as if one canonical queue existed somewhere, but the reality is messier and more interesting. Every node maintains its own mempool, and no two are exactly identical. Transactions reach different nodes at different times, nodes apply slightly different acceptance policies, and each node manages its own memory limits. What we call the mempool is really the loose statistical overlap of thousands of private ones.
In practice the overlap is large, because most node operators run default settings. A typical Bitcoin node caps its mempool around 300 megabytes, keeps transactions for up to two weeks, and refuses anything paying less than a minimum relay fee of roughly one satoshi per virtual byte. When the pool exceeds its size cap, the node evicts the lowest fee transactions first and raises its minimum acceptance rate, which is why very cheap transactions can vanish entirely during congestion instead of merely waiting. Once evicted everywhere, a transaction is effectively cancelled, and the funds simply remain unspent in the sender’s wallet.
The distributed nature of the mempool has a subtle consequence: pending status is not a promise. A transaction shown as pending in an explorer exists only as a claim in some nodes’ memory. It can be evicted, replaced, or double spent until it lands in a block. Merchants who accept zero confirmation payments learn this lesson the hard way, and it is exactly the mechanism a 51% attack exploits at chain level, where an attacker rewrites recent blocks and dumps the reversed transactions back into the mempool as if they had never confirmed. The 2025 reorganization attacks on Monero pushed more than one hundred confirmed transactions back into the pending queue in exactly this way.
Policy, standardness, and why nodes reject valid transactions Consensus rules define what a blockchain will accept in a block. Mempool policy defines what an individual node will hold and relay, and the two are not the same thing. A transaction can be perfectly valid under consensus rules and still be refused by most mempools because it violates what Bitcoin developers call standardness: informal policy rules that filter dust outputs, oversized scripts, absurdly low fees, and exotic transaction shapes that could burden the network. Policy is a node level immune system, a first line of defense that keeps the shared queue usable.
This distinction produces real world confusion. A transaction rejected by public mempools can still be mined if it reaches a miner directly, which is why services exist that accept nonstandard transactions out of band and submit them straight to mining pools. It also means the mempool you observe through an explorer reflects that node’s policy, not some universal truth. Two explorers can disagree about whether your transaction is pending simply because their nodes apply different filters.
Policy also evolves faster than consensus. Nodes have tightened and loosened relay rules around data inscriptions, dust limits, and replacement behavior repeatedly over the years, each change reshaping what the pending queue looks like without touching consensus at all. For users the practical takeaway is simple: if a wallet warns that a transaction is nonstandard, the problem is usually the transaction’s construction, not the funds behind it.
The mempool also has a quieter institutional audience. Exchanges watch pending deposits to credit accounts faster, compliance teams screen incoming transactions before confirmation, and payment processors estimate risk on zero confirmation transfers by checking how well a transaction is propagating and whether any conflicting spend is circulating. A transaction that most of the network’s mempools agree on is far less likely to be double spent than one propagating poorly, and firms price that difference.
Congestion, spam, and what a full mempool feels like Mempool congestion is the network catching its breath. Demand exceeds block space, the queue grows, and the fee needed for timely confirmation climbs. Users experience it as expensive transactions and long waits. Bitcoin’s late 2017 mania, the DeFi summer of 2020, NFT minting waves, and the ordinals inscription craze of 2023 each produced mempool backlogs measured in days, with hundreds of thousands of transactions queued and fee rates multiplying overnight. During the worst stretches, low fee transactions waited more than a week, and node operators watched their mempools hit size limits and begin shedding the cheapest traffic.
Congestion can also be manufactured. Spam attacks flood the network with masses of low value transactions to clog the queue and degrade service for everyone else, a cheap form of denial of service. Networks defend themselves with the minimum relay fee, with eviction policies, and ultimately with economics, since sustained spam costs the attacker real money in fees. The 2017 spam attack on an Ethereum test network showed how effective flooding could be against a chain with weak fee pressure, and it pushed fee market design higher up the research agenda.
Congestion is also information. A swollen mempool alongside rising fees signals urgent demand, often around exchange runs, liquidation cascades, or major market moves. Sophisticated observers watch mempool depth the way bond traders watch yields, and several analytics firms sell exactly that feed.
The dark forest: MEV and the watchers in the pool The mempool’s defining feature, total transparency, is also its greatest vulnerability. Every pending transaction is public before it executes, which means anyone can read your intentions and act on them first. On smart contract chains this gave rise to an entire extractive industry built around maximal extractable value, or MEV, the profit available to whoever controls transaction ordering.
The canonical attack is the sandwich. A bot spots your large pending swap on a decentralized exchange, buys the same token first to push the price up, lets your trade execute at the worse price, then immediately sells for a profit carved directly out of your execution. Front running, back running, and liquidation sniping follow the same principle: see the pending transaction, position around it, capture the difference. One researcher famously described the public mempool as a dark forest, a place where anything visible gets hunted. Researchers estimate that MEV extraction on Ethereum alone has run into the billions of dollars since 2020.
The defense industry that grew in response is now substantial. Private transaction relays, such as Flashbots Protect, let users submit transactions directly to block builders, skipping the public mempool entirely so bots never see the order. Batch auction exchanges settle many trades at a single clearing price, removing the ordering advantage. Wallets increasingly route large trades through protected channels by default. None of this eliminates MEV, but it changes who can be hunted. The economics are straightforward: the value of hiding an order grows with its size, so large traders now treat mempool privacy the way traditional funds treat dark pools, as basic operational hygiene. Retail users moving small amounts face far less risk, but a single large swap through the public queue on a thin trading pair can pay a triple digit toll to a sandwich bot in a matter of seconds.
Solana’s answer: delete the mempool Solana made the most radical design choice of any major network: it has no public mempool at all. Instead of gossiping pending transactions across the whole network, Solana’s Gulf Stream protocol forwards transactions directly to the validator scheduled to produce the next block, called the leader. The leader schedule is known in advance, so wallets and nodes know exactly where to send traffic. Transactions go from user to leader with almost no public waiting period.
The design serves speed above all, and it removes the classic observation window that sandwich bots depend on, since pending transactions are never broadcast for public inspection. It did not eliminate MEV, which instead matured into a private auction economy where searchers pay tips through infrastructure such as Jito to have their transaction bundles placed favorably by leaders. The lesson generalizes: ordering has value on any blockchain, and removing the public queue changes where that value is captured, not whether it exists.
Other networks are converging on middle paths. Encrypted mempools hide transaction contents until ordering is locked. Proposer builder separation on Ethereum splits the job of choosing transactions from the job of proposing blocks, pushing MEV into a more transparent auction. The mempool of 2030 will likely look very different from the open bazaar of 2020. What will not change is the underlying constraint: some component of every blockchain has to hold transactions between creation and confirmation, and whoever can observe or influence that component holds power over everyone who cannot.
Reading the mempool yourself You do not need to run a node to watch the queue. Public mempool explorers visualize pending transactions, fee distributions, and projected confirmation times in real time, and they are the fastest way to answer the two questions every stuck user asks: how busy is the network, and what fee actually clears right now.
When your own transaction is stuck, the diagnosis is almost always the same: your fee is below the going rate. Your options, in rough order of preference, are to wait for congestion to ease, to bump the fee using replace by fee or a nonce replacement, to use child pays for parent where supported, or, on Bitcoin, simply to wait for eviction if the payment no longer matters. What you should not do is panic. The funds are not lost. An unconfirmed transaction either confirms or effectively ceases to exist, and in the latter case the coins never left your wallet.
It also helps to understand what explorers actually display. The fee histogram shows how much pending volume sits at each fee level, which tells you where the clearing price is right now. The projected blocks view shows which transactions would fill the next several blocks if they were produced immediately, which tells you how deep the queue runs ahead of you. And the purge line, on Bitcoin explorers, shows the fee rate below which nodes are actively evicting transactions, the effective floor of the market. Ten minutes spent learning these three readouts pays for itself the first time fees spike.
One final habit worth adopting: check the mempool before you transact, not after. Thirty seconds of looking at current fee rates saves both overpaying during quiet periods and underpaying during storms. The queue is public. Very few people bother to read it, which is exactly why the ones who do have an edge. It is the same reason a network upgrade that splits the chain, covered in our guide to hard forks and soft forks, always produces a flurry of mempool drama, as wallets and nodes on both sides of the split sort out which pending transactions belong where.
Frequently asked questions What is a mempool in simple terms? A mempool is the waiting room for blockchain transactions. After you send a transaction, it sits in the mempool, visible and pending, until a miner or validator includes it in a block. Every full node keeps its own copy of this queue in memory.
Why is my transaction stuck in the mempool? Almost always because the fee attached is lower than what other pending transactions are offering. Block producers pick the highest paying transactions first, so underpriced ones wait until demand falls or until they are evicted from the queue entirely.
Can a transaction in the mempool be cancelled? Sometimes. On Bitcoin, replace by fee lets you supersede a pending transaction with a new version, and a stuck transaction that gets evicted from all mempools is effectively cancelled. On Ethereum, you can replace a pending transaction by sending a new one with the same nonce and a higher fee.
Is there one mempool for the whole network? No. Every node maintains its own mempool, and the contents differ slightly between nodes based on timing, settings, and memory limits. The mempool people refer to is the rough overlap of thousands of independent queues.
How long can a transaction stay in the mempool? On Bitcoin, default node settings keep transactions for up to two weeks before dropping them, though eviction can happen sooner if the pool fills and the fee is low. Other networks have their own retention and eviction rules.
What is the connection between the mempool and MEV? Pending transactions in a public mempool are visible before they execute, so bots can read them and trade around them, extracting value through sandwich attacks and front running. This visibility is the raw material of most MEV on chains like Ethereum.
Does Solana have a mempool? Not a public one. Solana forwards transactions directly to the upcoming block leader instead of broadcasting them across the network, which removes the public waiting room. MEV on Solana instead flows through private bundle auctions run by infrastructure providers.
Are funds lost if a transaction never confirms? No. A transaction that never confirms is eventually dropped from mempools, and the coins simply remain in the sending wallet as if the transaction had never been made. Nothing is deducted until a transaction is included in a block.
This article is for educational purposes only and does not constitute financial or investment advice. Network rules, fee mechanics, and default node policies change over time. Details are accurate as of July 14, 2026.
Morgan Stanley has filed an amended S-1 registration statement for its Ethereum and Solana ETFs. The filings indicate the Wall Street giant is moving closer to launching new crypto ETFs following its spot Bitcoin ETF debut this year, claims a Bloomberg ETF analyst.
Morgan Stanley Amends Ethereum ETF Filing with US SEC According to the latest SEC filing dated July 14, Morgan Stanley submitted 3rd amendment to its spot Ethereum ETF. The proposed ETF will list and trade on NYSE Arca under the ticker symbol MSSE.
The latest amendment includes an updated delegated sponsor, Coinase Prime, Coinbase custodial and trade finance agreements. The latest amendment indicates the Morgan Stanley Ethereum ETF could become effective soon.
Spot Ethereum ETF would levy a sponsor fee of 0.14%. Also, it plans to stake 50-80% of holdings via providers such as Figment, Galaxy Blockchain, and Coinbase Canada. Notably, staking services providers and custodians are to receive only a 5% of the staking rewards.
Morgan Stanley Investment Management, the delegated sponsor, said it will not receive or retain the remaining staking rewards, resulting in higher earnings for investors.
Moreover, The Bank of New York Mellon and Coinbase Custody will serve as custodians for the Morgan Stanley Etherumn ETF.
Bloomberg ETF analyst James Seyffart said the “launch is likely getting pretty close” as Morgan Stanley updated the documents for both its Ethereum and Solana ETFs.
NEW: @MorganStanley has filed updated documents for both their Ethereum ETF and their Solana ETF. Tickers will be $MSSE and $MSOL. Fees will be 0.14%. Launch likely getting pretty close. solana:So11111111111111111111111111111111111111112 ethereum:native pic.twitter.com/0pGTi9stri
— James Seyffart (@JSeyff) July 14, 2026
Wall Street Giants Updates its Solana ETF Morgan Stanley also updated its S-1 registration statement for its spot Solana ETF, with similar agreements with service providers. The issuer proposed to list and trade Solana ETF on NYSE Arca under the ticker MSOL.
Morgan Stanley Solana ETF also revealed its 0.14% management fee. Also, the issuer plans to stake upto 100% of SOL holdings through Figment, Galaxy Blockchain, and Coinbase Canada.
While Wall Street institutions are integrating yield mechanics into exchange-traded products, retail investors can directly access yield by comparing the best crypto staking platforms available for self-custody or exchange-based staking.
The staking rewards distribution mechanism for staking service providers, custodians, and investors is the same as in the Morgan Stanley Ethereum ETF.
Cash custodians, crypto custodians, administrator, transfer agent, and marketing agent are similar to those of its Morgan Stanley Bitcoin ETF. The MSBT holds over $357 million in total assets, with BTC holdings worth over $379 million.
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.
A prediction market player turned a $10.8 million loss into an $8 million profit in just two weeks.
According to Lookonchain monitoring, a prediction market trader has reversed a massive profit and loss swing in just two weeks. The account had previously accumulated a loss of approximately $10.8 million, but has turned a profit of over $8 million via recent trades. Its notable large wins include: France vs. Spain: $9.9 million in profit; Switzerland vs. Colombia: $3.765 million; Argentina vs. Switzerland: $1.867 million; United States vs. Belgium: $1.759 million.
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Cross-chain protocol Owlto joins Google Web3 Startup Program, secures exclusive cloud service credits.
According to official announcements, cross-chain protocol Owlto has announced its participation in the Google Web3 Startup Program. Owlto officials stated that through this program, the project will receive Google-provided cloud service credits (Google Credits), along with support in technology, community, and resources to advance its AI-driven cross-chain infrastructure development.
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The full lineup of WAIC's surrounding events is here! This weekend in Shanghai, head to these spots to enjoy AI and have fun.
Beating releases the "WAIC Complete Peripheral Activities Collection & Food, Drink, and Entertainment Guide", themed "WAIC Amusement Park | Player's Manual", which systematically sorts out key activities inside and outside exhibition halls and urban experiences during WAIC (July 17-20). The guide is structured around sections including "Hidden Side Event Collection", "Urban Supplies", and "Open Coordinates", featuring forums, developer gatherings, startup exchanges, brand receptions, and social events such as the AI Business Summit, Physical AI Camp Demo Day, AI Builders Night, vLLM Meetup Shanghai, WAIC Afterparty, and Cafe Cursor Shanghai. It also recommends nearby restaurants, coffee shops, bars, city walks, and Huangpu River night cruise routes at venues like Expo, Zhangjiang, and West Bund. The guide provides a one-stop route reference for WAIC attendees, helping them efficiently connect with industry resources and unlock a more complete Shanghai AI Week experience. Click the "Original Link" below to view the full guide content.
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The US military launches a new round of strikes against Iran.
U.S. Central Command stated that at 6 a.m. Eastern Time today (18:00 Beijing time), its forces launched a series of strikes against Iran. The strikes aim to further weaken Iran’s military capabilities used to attack commercial shipping in the Strait of Hormuz. Source: Jinshi
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PeckShield: Abnormal fund movement in LayerZero Executor wallet is not an attack, user funds are not at risk.
Blockchain security firm PeckShield stated in a post that the previously detected abnormal fund movements in LayerZero's executor wallets are not a security incident, but part of normal operational adjustments. PeckShield confirmed that user funds are currently not at risk.
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A crypto whale’s short position on the ETH/BTC exchange rate has incurred an unrealized loss of over $3.85 million.
Per on-chain analyst ai_9684xtpa’s monitoring, address 0xf83…96728 currently holds 12,832 ETH in 20x short positions and 366 BTC in 20x long positions, with both positions valued at roughly $24 million each. As ETH has outperformed BTC in this round of rebound, the address’s ETH position has an unrealized loss of around $4.07 million, while its BTC position generates an unrealized profit of approximately $216,000, resulting in an overall unrealized loss of about $3.856 million.
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.
Japan's First Onchain Equity StrategySBI Global Asset Management and DigiFT have launched the JX Token on Solana, creating what both firms describe as a first for Japan's asset management industry. The product, formally named the SBI Japan High Dividend Equity Strategy Token, is designed to give accredited and institutional investors onchain access to a Japanese high-dividend equity fund strategy managed by SBI Asset Management, a subsidiary of SBI Global Asset Management.
The launch marks the first time a Japanese asset manager's listed-equity strategy has been brought onchain through DigiFT's regulated tokenization and distribution infrastructure. Ecosystem participants in the launch include Solana Company, Huma Finance and Plume.
DigiFT holds Capital Markets Services and Recognised Market Operator licences from MAS, as well as Type 1 and Type 4 licences from the Hong Kong SFC, a dual regulatory standing that has made it a tokenization and distribution partner for global and regional asset managers including UBS Asset Management, Invesco, BNY and Franklin Templeton. Its roster now extends into Japan through SBI GAM's participation, adding a Japanese listed-equity strategy to that lineup for the first time.
SBI's Broader Tokenization Push and the Growing RWA MarketThe launch comes as investor attention returns to Japanese equities, supported by the Tokyo Stock Exchange's continued push for listed companies to improve capital efficiency and demonstrate greater awareness of share-price performance. SBI Holdings itself brings considerable onchain credentials to the partnership. The group has taken direct stakes across the region's tokenization infrastructure, including leading a $50 million investment in Startale Group to build a blockchain purpose-built for tokenized securities, and holding a majority stake in Osaka Digital Exchange, operator of a secondary market for security tokens in Japan.
The JX Token's structure is also designed with the regulatory direction of travel in mind. Regulators are increasingly distinguishing tokenized securities developed with issuer or manager alignment from products that offer only indirect economic exposure. In a joint staff statement issued January 28, 2026, U.S. SEC staff drew a formal line between issuer-sponsored tokenized securities, which can represent true ownership, and third-party products that typically offer only synthetic exposure.
The launch also reflects a broader evolution in tokenization: the value of tokenized RWAs distributed on public blockchains grew from $5.9 billion to $21.9 billion globally in 2025, moving the category beyond cash-like instruments and into actively managed public-market strategies. According to a report by RedStone, Gauntlet and RWA(.)xyz cited by CoinDesk, the RWA tokenization market reached $24 billion having grown 380% in three years.
For $SOL, the deal adds another institutional use case. SBI Holdings recently announced that the Solana Foundation will take an equity stake in SBI R3 Japan, the joint venture it shares with Sumitomo Mitsui Financial Group, with the entity to be renamed SBI Solana Global. The JX Token launch now gives that broader strategic relationship its first live regulated product on the Solana network.
Sources:
The Manila Times: SBI Global Asset Management and DigiFT Launch JX
CoinDesk: SBI Holdings' Blockchain Initiative Pivots to Solana
CoinDesk: RWA Tokenization Market Has Grown Almost Fivefold to $24B in 3 Years
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.
A major partnership between Japanese financial giant SBI Holdings and the Solana Foundation has sparked debate within the XRP community.
The concerns emerged after SBI Holdings announced a strategic partnership with the Solana Foundation to build an on-chain financial market originating from Japan.
As part of the initiative, SBI R3 Japan will be renamed SBI Solana Global, with the Solana Foundation joining the venture alongside existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group (SMFG). The new entity plans to focus on stablecoins, tokenized real-world assets (RWAs), cross-border payments, institutional on-chain finance and AI-era payment infrastructure.
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The announcement prompted some XRP supporters to question what the move means for Ripple's relationship with SBI.
"What's up with XRP?" one X user wrote. Another asked, "Are you still supporting XRP and Ripple?" A third user commented, "Xrp was supposed to move higher because of SBI usage."
Others were more blunt. "Xrp army in disbelief after years of thinking Japan was going to use XRP," one post read.
A warning sign?The development has attracted attention because SBI has long been regarded as Ripple's closest strategic partner in Asia. The two companies formed SBI Ripple Asia in 2016 to promote Ripple's payment technology across the region.
Over the years, SBI CEO Yoshitaka Kitao has repeatedly voiced support for Ripple and XRP, while SBI VC. SBI has also invested directly in Ripple and promoted XRP-based payment initiatives in Japan.
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However, now the Japanese giant's attention seems to be focused on the rival stablecoin.
XRP lawyer urges perspectiveCrypto lawyer Bill Morgan argued that XRP holders are overreacting. "The XRP community does not have to engage in cope about this news," Morgan wrote on X.
"Just accept that it is good news generally for crypto and specifically for Solana and XDC. It is not bad news for anyone."
Such sentiment has also been echoed by some other members of the XRP community.
Andrew Tate's Solana-based memecoin $DADDY posted a roughly 10% gain over a 24-hour period, pushing its market capitalisation to approximately $9.4 million. The move snapped a prolonged stretch of quiet trading and briefly lifted the token back into focus among memecoin watchers.
From $240 Million Peak to Single-Digit Millions The token's recent bounce is a far cry from its launch-day highs. DADDY launched on June 9, 2024, and reached a market capitalisation of $240 million within three days, driven almost entirely by Tate's promotional push. Tate framed the token as a direct rival to rapper Iggy Azalea's MOTHER memecoin, saying he wanted to "flip it for the patriarchy."
The launch was not without controversy. Blockchain data platform Bubblemaps highlighted suspicious insider activity, claiming insiders purchased 30% of the DADDY supply before Tate began promoting it on social media and held over $45 million worth of tokens at the time. Bubblemaps also claimed that shortly after launch, the token's creator sent Tate's public wallet 40% of the total supply.
During its peak, DADDY carried a market capitalisation of over $340 million, with a record price per token of $0.24. The token has since shed the vast majority of that value. DADDY's all-time high stands at $0.2886, and it is currently trading roughly 96.60% below that peak.
What Is Driving the Latest Move The token's value is heavily tied to Andrew Tate's public image and social media activity, rather than any fundamental technology or utility. Broader memecoin market sentiment and the performance of Solana-based ecosystem tokens also play a significant role in speculative capital flows into DADDY.
No specific catalyst has been publicly confirmed for the latest 10% move. CoinMarketCap data shows DADDY up approximately 10.77% in the reported 24-hour period, with a live market cap of around $10.19 million. Trading volumes remain thin. CoinGecko recorded a 24-hour trading volume of roughly $528,000, representing a 186% increase from the prior day, signalling a recent uptick in market activity.
As with most celebrity memecoins, the risks are considerable. DADDY has experienced significant volatility and a sharp decline from its 2024 peak, with risks including low liquidity, potential insider issues, and the inherently speculative nature of meme tokens. Investors should conduct their own research before making any trading decisions.
Sources
IQ.wiki: Daddy Tate (DADDY) Overview
Decrypt: Andrew Tate-Backed Solana Token DADDY Up 450% Amid Insider Buying Claims
CoinMarketCap: Daddy Tate Live Price and Market Data
Solana (SOL) price advances above its 50-day Exponential Moving Average (EMA) at $76.82, following a 4% rebound the previous day. SOL derivatives witness steady positional buildup with positive funding rates and rising volume reflecting a bullish bias, despite muted institutional activity so far this week.
Technically, SOL should surpass an overhead trendline near $81.50 to reinstate a bullish trend.
Solana regains retail strengthEasing risk-off sentiment in the crypto market, with reduced inflation risk in the US, triggered renewed retail support for major altcoins such as Solana. CoinGlass data shows SOL futures Open Interest (OI) holding stable at around $4.93 billion over the last 24 hours, while volume has increased 15% to $6.90 billion in the same period, reflecting increased trading activity that is aiding positional buildup. In addition, the funding rate of 0.0040% reflects bullish sentiment, which could further boost active positions as retail speculation builds.
However, Solana Exchange-Traded Funds (ETFs) recorded two consecutive days of zero inflows so far this week, indicating that large-wallet traditional investors are standing on the sidelines.
SOL derivatives data. Source: CoinGlass
SOL ETFs data. Source: SosovalueWill Solana extend its recovery?Solana shows steady recovery, inching closer to the $80 mark on Wednesday. SOL maintains a capped tone, holding above the 50-day EMA at $76.82 but remaining well below the descending trendline near $81.50 and the 200-day EMA at $94.52.
Still, the near-term recovery in SOL sustains above the 50% retracement at $76.92, measured over the $98.41 to $60.13 downswing. A decisive close above $81.50 could confirm the downward trendline breakout, potentially targeting the 78.6% Fibonacci retracement level at $88.56, guarding the upside to the 200-day EMA at $94.52.
The Relative Strength Index (RSI) at around 54 hints at mildly constructive momentum, while the Moving Average Convergence Divergence (MACD) is approaching the signal line, maintaining a neutral tone.
SOL/USDT daily price chart.On the downside, initial support is provided by the 50-day EMA at $76.82, with further demand expected at the prior upward trendline at $68.88 and the cycle low near $60.13 as a deeper structural floor.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
SBI Holdings, one of Japan’s largest financial services groups, has announced a strategic partnership with the Solana Foundation to develop a new on-chain financial market originating in Japan. This move has triggered debate among XRP investors, with some questioning whether SBI is pivoting away from Ripple after years of close cooperation.
SBI Holdings and Solana Foundation partnership detailsAs part of this initiative, SBI R3 Japan will be renamed SBI Solana Global. The Solana Foundation will join existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group (SMFG) in the revamped venture. The new entity will focus on the development and issuance of stablecoins, tokenized real-world assets (RWAs), cross-border payments, institutional on-chain finance, and advanced payment infrastructure designed for the AI era—all on Solana’s blockchain.
According to SBI, the collaboration is intended to connect Japan’s regulated financial institutions with Solana’s global decentralized ecosystem. Projects will prioritize stablecoins such as JPYSC and offer support for tokenized RWAs, international settlements, and institutional blockchain finance solutions.
Notably, SBI’s announcement highlighted Solana as the core platform for these services and did not reference XRP or the XRP Ledger.
Mini dictionary: Real-world assets (RWAs) are physical or traditional financial assets such as bonds, real estate, or commodities, represented digitally as tokens on a blockchain, allowing for easier transfer, trading, and management.
VentureBlockchain FocusKey ShareholdersMain ProductsSBI Ripple Asia (2016–2024)XRP LedgerSBI Holdings, RippleCross-border payments, remittanceSBI Solana Global (2024– )SolanaSBI Holdings, SMFG, Solana FoundationStablecoins, tokenized RWAs, AI-driven infraThe announcement prompted an immediate response from members of the XRP community, with several social media users voicing skepticism about the direction of SBI’s blockchain alliances. “What’s up with XRP?” asked one X user, while another wondered if SBI remains committed to supporting both XRP and Ripple. Multiple posts reflected disappointment over expectations that XRP adoption in Japan would increase through SBI’s influence.
XRP enthusiasts expressed disbelief after years of anticipating Japan’s adoption of $XRP through SBI Holdings, with some questioning the absence of XRP in the planned initiatives.
Over the past decade, SBI Holdings has been considered Ripple’s strongest strategic ally in Asia. The two companies established SBI Ripple Asia in 2016 to expand Ripple’s payment technology throughout the region. Yoshitaka Kitao, CEO of SBI Holdings, has frequently shown public support for Ripple and XRP, and SBI has invested significantly in Ripple-related ventures, including launching the XRP-friendly exchange SBI VC Trade.
No indication of XRP discontinuationWhile the Solana partnership is set to introduce new blockchain-based financial products, the announcement makes no reference to discontinuing Ripple or XRP-related projects. SBI Holdings has not explicitly addressed the future status of its longstanding collaborations with Ripple. Several analysts suggest that the move may represent a diversification of technology partners rather than an outright shift away from XRP.
Crypto lawyer Bill Morgan responded to the community’s concerns, encouraging a broader perspective and emphasizing the positive impact on the crypto industry and on Solana and XDC in particular.
Bill Morgan highlighted that the news benefits the broader digital asset space and does not necessarily constitute negative implications for $XRP holders or the Ripple alliance.
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.
Morgan Stanley Set To Launch New Crypto ETFsThe banking behemoth submitted amended S-1 filings for two funds: the Morgan Stanley Ethereum Trust ETF, to trade under the ticker MSSE, and the Morgan Stanley Solana Trust ETF, to trade under the ticker MSOL.
Both funds will have a management fee of 0.14%, with built-in staking capabilities. This means that apart from tracking the performance of the underlying asset, the ETFs would distribute staking rewards to their respective shareholders.
Bloomberg ETF analyst James Seyffart also highlighted the development, adding that the official launch is likely getting “pretty close.”
A New Wave After Bitcoin?The bank recommends Bitcoin allocations of 0%-2% in some portfolios and 2%-4% in more aggressive portfolios.
Price Action: At the time of writing, ETH traded at $1,886.12, up 5.70% in the last 24 hours, according to data from Benzinga Pro. SOL traded up 4.19% at $78.28 on last check.
Morgan Stanley shares rose 1.68% in after-hours trading after closing 2.98% higher at $227.67 during Tuesday’s regular trading session. Year-to-date, the stock has rallied 28%.
Benzinga’s Edge Stock Rankings give MS stock a stronger price trend across short-, medium- and long-term periods, along with a superior Momentum score.
Photo by Taljat David via Shutterstock
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Quick Summary SOL currently hovers around the $77–$78 range, representing nearly a 30% surge from its $60 June bottom Critical resistance zone positioned between $89–$92; breakthrough could trigger rally toward $100 milestone SBI Holdings announced strategic collaboration with Solana Foundation to develop on-chain financial infrastructure in Japan Network handled more than $4 billion in decentralized exchange transactions within 24 hours, surpassing competing platforms Support level at $74–$75 remains crucial; losing this zone could send SOL down to $68.57 Solana has demonstrated a notable rebound during recent weeks, posting approximately 30% gains from its June bottom around $60. Currently, the digital asset trades in the $77–$78 range, maintaining position above an important support level that market watchers are monitoring carefully.
Solana (SOL) Price The 24-hour trading activity registered $3.87 billion, while the network’s market capitalization stands at approximately $44.79 billion per CoinMarketCap data. Currently, SOL positions itself near the middle Bollinger Band level of $76.73, flanked by an upper band at $84.89 and lower band at $68.57.
Price action shows movement within an upward-sloping channel, establishing consecutively higher peaks and troughs. This technical formation indicates increasing buyer strength, although the advance hasn’t yet penetrated its next significant resistance barrier.
Corporate Partnerships Bolster SOL Outlook SBI Holdings, a major Japanese financial services firm, has entered a strategic alliance with the Solana Foundation to construct on-chain financial infrastructure. The initiative will concentrate on stablecoin integration, tokenization of real-world assets, and international payment solutions.
This corporate collaboration strengthens Solana’s narrative around institutional acceptance and has helped boost market confidence in the token.
Blockchain metrics support the optimistic outlook. The Solana network facilitated over $4 billion in DEX trading volume during a 24-hour timeframe, outstripping rival blockchain platforms throughout that measurement period.
Market analyst Ali Charts shared on X platform that Solana’s ATR trailing stop indicator has crossed beneath the price level for the first time since October 10, generating a SuperTrend buy indication. Ali Charts mentioned that sustained buying momentum could propel SOL toward $96 or potentially $121, though $60 represents the pivotal downside level—falling below would negate the positive technical setup.
SOLANA TURNED BULLISH
The ATR trailing stop has flipped below price, marking the first SuperTrend buy signal since October 10.
If buying pressure continues to build, $SOL could rally toward $96 or even $121. However, $60 remains the key level to watch.
A break below that… https://t.co/Femtlawn2r pic.twitter.com/pJSFngWZiN
— Ali Charts (@alicharts) July 15, 2026
Critical Price Levels Under Observation Technical analyst BitGuru identified the $74–$75 band as a vital support area on July 14. He emphasized that maintaining above this threshold could facilitate movement toward $80–$84, whereas breaking below would trigger downside pressure on SOL.
Most traders are bearish on $SOL but price is now testing a key support zone after a steady pullback.
As long as $74-$75 holds, I expect buyers to step in. A strong bounce from this level could send SOL back toward the $80-$84 resistance. pic.twitter.com/cDA9KiXGBP
— BitGuru 🔶 (@bitgu_ru) July 14, 2026
The MACD indicator shows a reading of 0.9160, positioned beneath the signal line at 1.2750, producing a negative histogram value of -0.3590. This configuration suggests diminishing momentum in the near term.
The more significant challenge remains the $89–$92 resistance zone, which has repeatedly turned back price advances since March. A decisive breach above $92 would bring the $100 psychological level directly into focus.
SOL is currently trading at $77.01, up 1.74% in the past 24 hours.
Solana has staged a significant recovery since its June low near $60, climbing to the $77–$78 range. This rebound marks a gain of almost 30%, leading many traders and analysts to focus on key support and resistance levels that could determine the cryptocurrency’s next major move.
Institutional partnership drives confidenceSBI Holdings, a leading financial services group based in Japan, has joined forces with the Solana Foundation to develop on-chain financial infrastructure. The collaboration centers on integrating stablecoins, tokenizing real-world assets, and facilitating cross-border payments.
This strategic partnership has been interpreted as a sign of increasing institutional interest in the Solana ecosystem, reinforcing its position as a compelling platform for financial innovation.
During the past 24 hours, Solana’s network handled trading volumes exceeding $4 billion on decentralized exchanges, outperforming other blockchain platforms over the same period.
SBI Holdings is known for its prominent role in financial markets and its active involvement in digital asset development across Asia.
Mini dictionary: Solana Foundation, the non-profit entity behind the Solana blockchain, supports the development and adoption of high-performance decentralized applications and global blockchain infrastructure.
Technical signals as price consolidatesSolana’s price is consolidating just above a key middle Bollinger Band at $76.73. The indicator’s upper and lower bands are set at $84.89 and $68.57, respectively, creating clear technical boundaries for the asset in the short term. The digital asset shows an upward-trending channel, characterized by a succession of higher highs and higher lows.
Market analyst Ali Charts noted that Solana’s Average True Range (ATR) trailing stop has recently shifted below the current price, marking the first SuperTrend buy signal on Solana since October 10. In a detailed post on X, Ali Charts pointed out that if bullish momentum continues, Solana could reach as high as $96 or even $121. However, he also underscored the importance of the $60 level, stating that a breakdown would undermine the positive technical outlook.
Ali Charts highlighted that the ATR trailing stop flipped below price, creating a bullish SuperTrend signal. He projected potential movement toward $96 or $121 should upward momentum persist, but flagged $60 as the critical level, warning that any decline below this would negate the current positive trend.
Key support and resistance areasTechnical analyst BitGuru pointed to the $74–$75 range as vital support, emphasizing that holding above this area could prompt buyers to target $80–$84. Conversely, losing this support could push SOL’s price toward the $68.57 level, weakening short-term bullish sentiment.
BitGuru suggested that as long as Solana remains above $74–$75, a rebound toward $80–$84 is possible. However, a drop below this zone could result in swift downside pressure.
The Moving Average Convergence Divergence (MACD) indicator, currently reading 0.9160 and lying below its signal line at 1.2750, displays a negative histogram of -0.3590, signaling cooling momentum in the immediate term.
Looking ahead, analysts are closely watching the $89–$92 range as a significant resistance barrier. Repeated past attempts to break through this zone have failed, but a decisive move above $92 would set sights on the $100 level, considered a key psychological milestone for Solana.
LevelValueImplicationSupport$74–$75Holding here could spur rebound to higher resistanceLower Bollinger Band$68.57Drop below increases downside riskResistance$89–$92Break could lead to $100 targetCurrent Price$77.01Up 1.74% in last 24 hoursAt this stage, Solana trades at $77.01, reflecting a 1.74% increase in the most recent 24-hour session. The token’s market capitalization stands at about $44.79 billion, with 24-hour trading volumes at $3.87 billion, according to CoinMarketCap.
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.
Ripple’s partner SBI Global Asset Management has partnered with RWA exchange DigiFT to launch the SBI Japan High Dividend Equity Strategy Token (JX token). This marks the world’s first tokenization of a Japanese equity fund on a public blockchain.
SBI Tokenizes Japan High Dividend Equity Strategy Fund In an X Post on July 15, SBI Global Asset Management announced it has launched the SBI Japan High Dividend Equity Strategy Token (JX token) with DigiFT, a regulated exchange for real-world assets (RWA).
The JX token provides accredited and institutional investors with on-chain access to the high-dividend Japanese equity strategy. The fund is managed by Ripple-partner SBI Asset Management Co.
The launch also marks the first time a Japanese equity fund is tokenized and launched on-chain by DigiFT. It bridges traditional Japanese equities with blockchain technology, as global investor attention returns to Japanese equities.
For investors wanting to explore fractionalized ownership of equity-backed products, reviewing the best exchanges for tokenized stocks can help identify compliant platforms.
“Our mission at DigiFT has always been to bring real, institutional-grade assets on-chain through infrastructure that investors and asset managers can actually trust. JX extends that mission to Japan for the first time,” said Henry Zhang, founder of DigiFT.
JX Token Launch on Solana Despite Long-Term Partnership with Ripple SBI Holdings has a deep partnership with Ripple since 2016, including joint ventures such as SBI Ripple Asia and recent collaborations on stablecoins such as RLUSD.
However, the JX token launch primarily involves SBI Global Asset Management and DigiFT, which uses the Solana blockchain for tokenization offerings. The move aligns with SBI’s push into tokenization with partners such as payments and tokenization infrastructure firm Ripple.
In addition, the tokenized fund supports USDC settlements, with JPY stablecoin integration planned in the future. Moreover, it enables lending and advanced asset management through protocols such as Morpho.
Notably, SBI and Ripple are collaborating to boost XRP and XRP Ledger (XRPL) adoption in the region. Recently, SBI and Doppler partnered to grow Japanese institutional adoption of XRP.
As CoinGape reported earlier, SBI tapped Ripple for RLUSD stablecoin distribution in Japan, revealing a group actively building a multi-stablecoin, multi-chain strategy with Solana now anchoring the tokenized RWA and institutional settlement layers.
Hyperliquid, a decentralized perpetuals protocol operating on its own Layer 1 blockchain, is preparing to update its market structure in 2026 as trading activity shifts rapidly toward its open market system. Recent data shows that HIP-3, the network’s permissionless perpetuals market, has surged to account for nearly 50% of Hyperliquid’s daily trading volume, marking a significant increase from about 2% at the start of the year.
With the introduction of HIP-3, Hyperliquid enabled any developer or community to launch perpetuals markets on its platform without the need for central approval. This marks a departure from the traditional exchange-led listing process and reflects a broader trend in decentralized finance favoring open market creation and greater accessibility.
The HIP-3 system relies on an order book structure, using USDC as collateral and managing risk through shared liquidity pools and vaults. This framework has facilitated the rapid proliferation of niche derivatives products and allowed for increased user participation in assets that might not be listed on conventional exchanges.
Mini dictionary: Hyperliquid is a decentralized perpetuals trading platform that allows users to trade crypto derivatives without relying on a centralized operator. It offers both traditional and permissionless markets and operates its own Layer 1 blockchain.
Interest in long-tail and small-cap derivatives has increased as users are able to trade these assets without passing through typical listing hurdles. Permissionless perpetuals lower entry barriers for early-stage crypto projects and investors seeking new market opportunities.
HIP-3 permissionless perp markets have grown to nearly half of Hyperliquid’s daily volume, a substantial rise from just 2% at the beginning of the year.
Strategic growth and competitionThe shift toward open derivatives markets has not only expanded Hyperliquid’s product suite but also helped the platform tap into new revenue streams. By catering to niche asset classes, Hyperliquid is positioning itself to withstand competition from both centralized exchanges such as Binance and decentralized rivals including dYdX and GMX.
Recent surges in trading volume on alternative chains like Solana have underscored the intensity of competition in the decentralized derivatives sector, pushing platforms to continuously innovate in order to retain user interest.
PlatformCore MechanismMain CompetitorsHyperliquid (HIP-3)Order book, permissionless perpsdYdX, GMXBinanceCentralized exchange, vetted listingsOKX, BybitSolanaLayer 1, high trading volume, ecosystem perpsEthereum, Arbitrum protocolsChallenges and regulatory landscapeIndustry experts see the evolving landscape as part of a larger shift toward on-chain derivatives and alternatives to major centralized exchanges. However, in regions like the US and EU, the regulatory environment for decentralized perpetuals remains uncertain, leaving questions about long-term compliance and growth.
Going forward, Hyperliquid is focused on closely monitoring the performance of its vaults and evaluating cross-margin risk management. Another area under review is whether the liquidity provided by HIP-3 can remain resilient in volatile market conditions.
The platform’s long-term acceptance may depend on the appeal of market-making incentives, the availability of advanced tools, and the stance that regulators ultimately take regarding the legal status of permissionless derivatives.
The degree of market participation and regulatory clarity will play a pivotal role in shaping the future of permissionless derivatives on Hyperliquid and similar platforms.
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.
ANSEM shocked the crypto market by becoming one of the fastest-rising memecoins of 2026. Within a week, the Solana-based token recorded gains of more than 166,000%, reviving interest across the memecoin market and sending traders searching for the next early-stage opportunity.
While ANSEM is already trading publicly, projects like MemeToro ($MT) are attracting attention during the presale phase by combining artificial intelligence with memecoin creation on BNB Chain.
How ANSEM Delivered a 166,000% Rally ANSEM, also known as The Black Bull, became one of the year’s biggest crypto stories after climbing 166,590% in one week.
The token reached a high near $0.451 while growing into a project worth roughly $370 million. During the rally, one widely shared example showed how a $150 investment could have grown into more than $430,000.
The project is closely linked to crypto analyst Ansem, whose wallet activity and large social media following helped drive attention toward the token.
Exchange listings added further momentum. BloFin announced support for ANSEM trading, while renewed speculation pushed activity across Solana’s memecoin ecosystem higher.
Like many memecoins, however, the rally also highlighted the risks of chasing fast-moving markets. Analysts continue warning that projects driven mainly by social momentum can experience equally sharp corrections once enthusiasm fades.
Why AI Is Becoming Part of the Memecoin Market The success of ANSEM shows how quickly internet attention can turn into market activity.
Developers are now trying to improve that process by using artificial intelligence to identify trends before they become obvious.
Instead of watching one social platform or one trading chart, modern AI systems monitor online discussions, breaking news, search activity, and community engagement simultaneously. The goal is to organize large amounts of public information into useful market signals.
That shift is creating interest in platforms that combine AI with token creation instead of relying only on community hype.
How MemeToro’s AI Agent Creates New Memecoins MemeToro ($MT) is building its platform around that idea.
Its AI Agent continuously scans internet discussions, news websites, social platforms, and search trends to detect narratives that are gaining momentum. When promising themes appear, the system helps generate complete no-code memecoin launches, including branding concepts, token details, and supporting assets before deployment.
Users can review the AI-generated package before deciding whether to proceed with a fair public launch.
Beyond token generation, the ecosystem also includes several products designed to support activity after launch.
Rather than focusing on one token, the platform is designed to support many future launches through the same AI-powered infrastructure.
MemeToro Stage 4 Presale Update MemeToro ($MT) is currently in Stage 4 of its public presale.
The project has now raised more than $77,000, reflecting continued participation as development progresses. The current token price is $0.00171, while the next presale stage will increase automatically to $0.00190.
Built on BNB Chain, the ecosystem benefits from low transaction costs while preparing multiple products around the native $MT token. Alongside AI-powered launch tools, the roadmap includes staking, prediction markets, and additional SocialFi features that extend the platform beyond memecoin creation.
Unlike projects that only appear after a trend becomes popular, MemeToro is developing the infrastructure before broader public trading begins.
What ANSEM’s Rally Means for Investors ANSEM has reminded the crypto market how quickly memecoins can generate extraordinary returns when strong narratives and community momentum align. At the same time, its rally also highlights the risks that come with highly speculative assets.
MemeToro ($MT) represents a different stage of the market by focusing on AI-powered blockchain tools before exchange listings. As traders continue searching for the next breakout opportunity, both projects reflect how the memecoin sector is evolving beyond simple viral tokens into broader blockchain ecosystems.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Crypto presales remain one of the earliest ways to invest in new blockchain projects, but they also carry some of the highest risks. Every year, investors lose funds to fake websites, unaudited contracts, and projects that never deliver after raising capital.
As new crypto presales launch across Ethereum, Solana, Bitcoin Layer-2s, and BNB Chain, understanding how to evaluate them has become just as important as finding the next opportunity.
What to Check Before Buying Any Crypto Presale A good presale starts with transparency rather than promises of large returns.
Before connecting a wallet or sending funds, investors should verify that they are using the project’s official website and smart contract. Scam websites often copy legitimate presales and trick buyers into sending crypto to fraudulent addresses.
Security audits are another important checkpoint. Independent reviews from firms such as Coinsult help identify potential vulnerabilities before a token reaches the public market.
Investors should also read the tokenomics carefully.
Questions worth asking include:
Is the smart contract independently audited? Are token allocations publicly available? Does the project explain vesting schedules? Are official social channels clearly linked? Is there a published roadmap beyond the presale? Are supported payment methods clearly listed? No checklist removes investment risk completely, but completing these basic checks helps avoid many common scams.
Why Presale Structure Matters Not every presale operates in the same way.
Some projects distribute tokens immediately after purchase, while others introduce vesting schedules that release allocations over several months. Some require whitelist registration or identity verification, while others allow direct wallet participation.
Payment options have also expanded.
Many new 2026 presales now support ETH, BNB, USDT, USDC, and even bank card purchases through integrated payment providers.
Investors should understand exactly when purchased tokens become claimable and whether additional steps are required after the fundraising campaign ends.
Reading the project’s documentation remains one of the simplest ways to avoid unexpected surprises later.
MemeToro Uses a Structured Presale Process MemeToro has built its public sale around a straightforward purchase process.
Participants begin by visiting the official presale website before connecting a compatible wallet configured for BNB Chain. Buyers can then complete their purchase using supported cryptocurrencies or a bank card before confirming the transaction through the smart contract.
The current fundraising campaign is in Stage 4, with more than $77,000 already raised. The present token price is $0.00171, while the next presale stage will increase the price to $0.00190.
Rather than introducing complicated purchase requirements, the process is designed to remain consistent regardless of the payment method selected.
Looking Beyond the Presale A secure purchase is only one part of evaluating a crypto project.
MemeToro is being developed as a broader Web3 ecosystem on BNB Chain, where the $MT token connects several planned products instead of existing only for fundraising.
The roadmap includes multiple utilities that extend beyond launch day. Some planned platform features include:
AI-assisted no-code memecoin creation SocialFi and behavioral finance tools Deflationary fee-burn mechanism The project also allocates the majority of its supply to public participants while preparing additional products that continue operating after exchange listings.
Although these features do not remove investment risk, they provide a clearer picture of how the platform intends to use the native token beyond the presale itself.
Safety Should Always Come Before Hype Crypto presales can offer early access to new blockchain projects, but they also require careful research. Verifying official websites, checking audit reports, understanding tokenomics, and reviewing the roadmap remain essential before making any investment decision.
MemeToro is one example of a project combining an audited presale process with a broader Web3 ecosystem, but like every early-stage crypto investment, it should be evaluated carefully alongside its documentation, development progress, and long-term goals before participating.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Alameda Research has resumed its Solana [SOL] transfers. According to Onchain Lens, a wallet linked to Alameda Research moved 201K SOL, worth $15.14 million, to BitGo Custody.
The on-chain monitor observed that the token transfers occurred through multiple transactions. These tokens were distributed to multiple custody addresses.
Source: Nansen Even after these token transfers, the main wallet still holds a significant share, with 3.016 million SOL worth approximately $226.7 million. The firm has occasionally made such transfers. Often, when these tokens move, some end up in exchanges and are sold to repay creditors.
Therefore, even with the latest transfer, the team is either preparing to sell or relocating its holdings.
However, it’s worth noting that the immediate token movement to custody doesn’t imply an immediate sale. Thus, these tokens could be another step towards distributing assets, especially with the upcoming Q3 creditor deadline.
Did the Solana market react? For SOL holders and other market participants, such a major transfer captures market attention.
Although the transfer drew close attention, the market barely reacted. In contrast, Solana rebounded slightly and was trading at $75 at press time, despite a 2.14% daily drop that extended its 7.5% weekly decline.
Source: CoinGlass As expected, this price volatility triggered a wave of liquidation, especially for long positions. According to CoinGlass data, $10.89 million in long positions were liquidated, compared to $1.9 million in short positions.
When a higher volume of longs is liquidated, it suggests that traders were overly bullish and anticipated another rebound.
Traders remain bearish, eyeing another drop As Solana remains below $80, investors have continued to cash out at every opportunity. As a result, exchange inflows have increased significantly.
According to CoinGlass data, Solana Spot Netflow turned positive, rising to $9.02 million as of writing, a major jump from -$1.42 million.
Source: CoinGlass A positive net flow suggests that more SOL has recently flowed into exchanges than out of them. Historically, higher inflows have preceded a weakened market and a price drop.
In fact, the selling pressure has significantly strengthened the downside momentum, with the Aroon Line highlighting this weakness.
The Aroon Up indicator has fallen for ten straight days, dropping from 100% to 28%. Such a sustained decline signals that the trend has lost strength and is now pushing into new lows.
Source: TradingView At the same time, SOL fell below its Momentum-Adjusted Moving Average (MaMa), further confirming the trend’s weakness.
These two momentum indicators indicate the trend to the downside could continue. Therefore, if sellers continue to dominate, SOL risks a drop towards $70. Moreover, to invalidate this bearish outlook, Solana needs a daily close above the MaMa at $78.62.
Final Summary A wallet linked to Alameda Research moved 201K SOL, worth $15.14 million, to BitGo Custody. Solana barely moved on the news, but market momentum remains weak, with sellers dominating.
15 July 2026 | 00:18 Morgan Stanley Investment Management filed a third round of amendments with the U.S. Securities and Exchange Commission on July 14 for proposed exchange-traded funds holding ether and solana.
The Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust are designed to give investors spot exposure through ordinary brokerage accounts without requiring them to buy tokens or manage private keys. If the registration statements become effective, the shares are expected to trade on NYSE Arca under the tickers MSSE and MSOL.
The amended filings expand a crypto product line that already includes the Morgan Stanley Bitcoin Trust, which trades on NYSE Arca with the same 0.14% annual sponsor fee, and the Stablecoin Reserves Portfolio, launched in April to hold assets that meet the GENIUS Act’s reserve requirements. Unlike the passive Bitcoin fund, the proposed Ether and Solana trusts would also generate staking rewards, combining regulated brokerage access with potential onchain income. Together, the products show Morgan Stanley building a broader digital-asset strategy spanning token exposure, stablecoin reserve management and staking rather than treating Bitcoin as a standalone offering.
What the Funds Would Hold Both products are passive trusts that would track CoinDesk’s 4PM New York settlement benchmarks for ether and solana. They would not use leverage, derivatives or active trading strategies, so returns would primarily reflect movements in the underlying tokens, less expenses, together with any net staking income.
BNY and Coinbase Custody are named as custodians, while Morgan Stanley Investment Management would serve as delegated sponsor.
Under normal market conditions, the Ethereum trust intends to stake between 50% and 80% of its ETH, while the Solana vehicle may stake up to 100% of its SOL. Both would periodically keep assets unstaked to cover redemptions, expenses and distributions. The shared 0.14% sponsor fee therefore sits alongside different return mechanics: a larger portion of MSOL’s holdings could earn network rewards, but its liquidity management becomes more important when unstaking is delayed.
Figment, Galaxy Blockchain Infrastructure and Coinbase Canada are listed as staking providers for both products. The providers and custodians would collectively receive 5% of gross staking rewards, leaving 95% for the trusts. Net rewards would initially increase net asset value before being converted into cash for distributions expected monthly, but no less frequently than quarterly.
The prospectuses do not promise a fixed yield. Returns would depend on network conditions and the proportion of assets staked, while validator failures, penalties and unstaking delays could reduce income or complicate redemptions. Morgan Stanley may also suspend staking if it creates material legal, regulatory or tax risks. Retail investors would not be able to exchange shares directly for ETH or SOL. Only authorized participants could create or redeem 10,000-share baskets, meaning the products would remain regulated brokerage wrappers rather than substitutes for holding transferable tokens.
A 0.14% Sponsor Fee Each trust carries a proposed annual sponsor fee of 0.14% of net asset value, accrued daily and paid monthly in arrears. Morgan Stanley would cover ordinary operating costs from that fee, while litigation and other extraordinary expenses could still be charged to the trust. Investors may separately incur brokerage commissions when trading shares.
The July 14 submissions are Amendment No. 3 to the registration statements, not approvals. The SEC must declare the filings effective before shares can be sold, and the documents remain subject to further changes. The trusts would also not be registered under the Investment Company Act of 1940, meaning shareholders would not receive the protections attached to conventional registered investment companies.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice.
Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
Solana experienced a notable price correction, settling around a significant support level closely watched by investors seeking signs of a new uptrend. Market participants are monitoring whether SOL can maintain this critical threshold and potentially reverse its recent losses.
Support level comes into focusSOL traded at $77.01 during the latest session, reflecting a 1.74% daily increase. CoinMarketCap data showed daily trading volume at $3.87 billion, with Solana’s total market capitalization reaching $44.79 billion.
BitGuru, a well-known cryptocurrency analyst, commented on July 14 that many investors lost confidence after the latest downturn. However, BitGuru identified the $74 to $75 range as a key support zone that may attract new buying interest. He suggested that remaining above this level could foster a renewed move toward the $80 to $84 range, while a breakdown could trigger additional declines.
BitGuru emphasized that the $74-$75 interval now represents a pivotal support region for Solana, with a sustained hold above this level potentially restoring momentum for a rally toward $80-$84. Conversely, a failure to defend this area could prompt further downside movement.
Investors are scrutinizing the market for signs of stability following several sessions of selling pressure across the broader cryptocurrency landscape.
Technical indicators and trading outlookFrom a technical perspective, SOL was trading near the middle Bollinger Band at $76.73—positioned between the upper band at $84.89 and the lower band at $68.57. This placement indicates typical market conditions with relatively low volatility.
The Moving Average Convergence Divergence (MACD) readings revealed a MACD line at 0.9160, below the signal line at 1.2750, resulting in a negative histogram value of -0.3590. These readings indicate that positive price momentum is weakening, as was recently observed after an earlier rally. Should the MACD continue to decline, further softness in SOL’s price action may occur.
The current support level could set the stage for Solana’s next directional trend. Support areas are significant because they test whether buying pressure can withstand market corrections and potentially reverse negative sentiment.
Mini dictionary: Bollinger Bands are technical analysis tools formed by plotting a simple moving average (SMA) and two standard deviation lines (bands) above and below it, used to identify volatility and overbought or oversold conditions.
If the price stays above the $74-$75 support range, sentiment among traders is expected to improve, possibly triggering attempts to push SOL above the $80 threshold.
Support LevelCurrent PriceResistance TargetLower Band$74-$75$77.01$80-$84$68.57A breach below support could pivot attention toward the lower Bollinger Band near $68.57, where buyers may look to re-enter if the price stabilizes at that point.
Crucial trading period aheadMarket observers view the coming trading sessions as crucial for Solana’s near-term trajectory. Sustaining prices above the established support range likely strengthens the case for a rebound, while a move below this level could lead to a retest of lower support zones before any potential recovery.
For now, Solana remains at a decisive technical point, with direction to be clarified in the sessions ahead as traders watch for either a bounce or a deeper correction.
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.
On July 14, 2026, $500 million in USDC was minted on the Solana blockchain, indicating a strategic move to enhance liquidity within the network. This issuance was executed in two tranches of $250 million each, underscoring growing confidence in Solana’s capacity to handle large-scale transactions. The additional USDC enhances Solana’s standing as a significant player in the stablecoin market, holding between $7.2 billion and $8.6 billion in circulating USDC. This development aligns with a broader trend of increased institutional interest in Solana as a high-throughput settlement layer, with the network experiencing a record weekly USDC minting volume earlier this year.
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Key Takeaways The issuance of $500 million USDC on Solana suggests increased liquidity and institutional confidence in the network. Solana’s share of the global USDC supply reflects its growing role as a key blockchain for stablecoins. Market pricing appears supportive of Solana’s potential to reach higher price benchmarks by the end of July. What to Watch Market participants will closely monitor Solana’s price movements in response to this liquidity boost, particularly in relation to its potential to hit the $90 mark in July. Key indicators such as the network’s volume and additional stablecoin issuances may provide further insights into Solana’s capacity to leverage this increased liquidity. Potential developments, including regulatory actions or changes in institutional demand, could also affect market sentiment and price trajectories.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 19% — — View market → August 1 2026 0.7% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.6% — — View market → August 1 2026 1% — — View market → August 1 2026 0.7% — — View market → August 1 2026 4.2% — — View market → August 1 2026 0.9% — — View market → August 1 2026 9% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.7% — — View market → August 1 2026 0.1% — — View market → August 1 2026 38% — — View market →
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.
Solana-based applications generated more than $17 million in revenue last week, outperforming all other blockchain networks by this metric. According to the latest market data, Solana has led blockchain app revenue for the ninth consecutive quarter, highlighting its persistent strength among major public chains.
Solana maintains app revenue dominanceDuring the recent weekly reporting period, applications running on Solana accumulated over $17 million in protocol fees. These fees represent income collected from users interacting with apps built on the Solana network, providing a key indicator of real user activity and demand.
Pump, a leading decentralized application on Solana, generated the most revenue among its peers, with Collector Crypt ranking second. This strong activity suggests that Solana continues to host high-traction, user-facing protocols. Market analysts have noted that these rankings are a sign of consistent engagement from Solana’s community.
Solana-based apps recorded over $17 million in weekly revenue, maintaining the chain’s lead over other blockchains for the ninth straight quarter, as reports showed Pump and Collector Crypt driving the activity.
Solana’s sustained leadership in app revenue for nine quarters highlights the chain’s ongoing ability to attract active projects and users. However, observers caution that high protocol fee revenue does not always translate into immediate price appreciation for SOL, the network’s native asset.
Solana leads DEX trading volumeResearch firm MSB Intel reported that Solana ranked first among all blockchains in 24-hour decentralized exchange (DEX) trading volume, recording $4.15 billion. BNB Chain and Robinhood Chain took second and third place, respectively, in this period.
Volume figures on decentralized exchanges offer a window into the liquidity and transaction demand across blockchain ecosystems. Higher DEX volume generally signals robust user activity, often driven by trading in meme coins, stablecoins, and new tokens.
Solana achieved the highest daily DEX volume at $4.15 billion, with MSB Intel noting that the chain has now led in daily volume, protocol fees, and real-world asset (RWA) adoption for three consecutive weeks.
The repeated dominance across trading volume, fees, and RWA integration demonstrates Solana’s broad appeal across different sectors of blockchain activity.
Mini dictionary: Real-world assets (RWA) are tangible or financial assets, such as real estate, commodities, or bonds, represented digitally on a blockchain, allowing for tokenization and on-chain transactions.
Blockchain24h DEX VolumeSolana$4.15 billionBNB ChainLower, not specifiedRobinhood ChainLower, not specifiedSOL price recovers, key resistance levels in focusSOL, the native token of the Solana network, traded near $76.77 on the daily Coinbase chart, reflecting a recovery from earlier lows. The token posted a 2.48% gain during the reporting period but remained below major resistance levels.
Traders identified the next resistance zone at $80 to $85, with the $89 to $90 range considered a critical barrier to further advances. A daily closing price above $90 could strengthen the short-term technical outlook for SOL. The next major upside target appears near $118.10, while downside support is seen at $72, followed by $65 and $60.
Participants in the market continue to monitor protocol revenue, DEX trading activity, and key price levels for confirmation of a broader recovery in SOL.
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 just posted $4.15 billion in 24-hour decentralized exchange volume, claiming the top spot across all blockchain networks by a wide margin. BNB Chain, the nearest competitor, managed $1.28 billion.
The engines driving this volume are familiar names in the Solana ecosystem. Raydium and Orca continue to handle the lion’s share of trading activity on the network, serving as the primary liquidity hubs for everything from blue-chip tokens to the latest memecoin du jour.
Monthly DEX volumes on Solana have previously surpassed the $100 billion mark, a milestone the network first crossed toward the end of 2024.
Solana DEXs logged $1.52 billion in spot volume on July 10, exceeding Bybit’s $1.36 billion. That marked the eighth consecutive day that Solana’s decentralized venues surpassed the centralized exchange.
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On a weekly basis, Solana captured the second position globally in spot trading volumes at approximately $12.25 billion in early July, trailing only Binance.
Why Solana keeps pulling ahead Solana’s architecture was designed from the ground up for throughput. Low fees mean traders can execute strategies that would be cost-prohibitive on chains with higher gas costs. A retail trader swapping $50 worth of tokens doesn’t want to pay $8 in fees. On Solana, that same trade costs a fraction of a cent.
Raydium’s concentrated liquidity pools and Orca’s whirlpool mechanism have both evolved into sophisticated market-making tools that rival what you’d find on any centralized order book.
What this means for investors The competitive dynamics between decentralized and centralized exchanges are shifting faster than most market participants expected. When a blockchain’s DEX layer can match or exceed the volume of established centralized platforms like Bybit for over a week straight, it signals something structural.
The concentration of DEX volume on Solana creates both opportunity and risk. Protocols like Raydium and Orca stand to benefit enormously from continued growth. But concentration also means that any technical issues, network congestion, or consensus failures on Solana would have outsized impact on the entire DEX market.
Solana has experienced network degradation events in prior years, and while reliability has improved significantly, the chain’s popularity creates a constant stress test. A network processing $4.15 billion in daily DEX volume doesn’t get to have bad days without the market noticing immediately.
The gap between Solana and BNB Chain, its closest competitor at roughly one-third the volume, indicates that catching the leader won’t be easy. Ethereum’s DEX ecosystem remains significant, but the base layer’s cost structure continues to push volume toward Layer 2 solutions, fragmenting liquidity in ways that Solana’s monolithic architecture avoids.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Cardano founder Charles Hoskinson has responded after Japanese financial giant SBI Holdings partnered with the Solana Foundation to build an on chain financial market in Japan.
The deal has fueled the criticism across the Cardano community, with many ADA supporters questioning why one of Cardano’s strongest markets is now backing a rival blockchain.
Why Are Cardano Holders Upset?SBI recently announced its partnership with the Solana Foundation to develop stablecoins and tokenize real-world assets in Japan. The announcement quickly frustrated Cardano supporters because Japan has played a major role in Cardano’s history.
During Cardano’s early fundraising, nearly 90% of ADA’s initial token sale was completed by Japanese investors, making Japan one of the project’s biggest supporters from the beginning.
Following SBI’s announcement, Cardano community member Brandolf called the move:
“This is a blow in the face of the whole Cardano community.”
Many users also questioned why Cardano was unable to secure such a major partnership in one of its strongest markets.
Also Read : Charles Hoskinson Says Cardano Must Move Beyond Crypto to Survive
Hoskinson Says “It’s Not His Job Alone”Responding to a community user on X, Hoskinson rejected the criticism, saying that commercial partnerships require organizations with funding and a clear mandate.
“Why would it be? We started there, but we need commercial representation to make these deals.”
He simply said that if the community wants more partnerships, it should use Cardano’s treasury to fund organizations responsible for signing commercial agreements.
“If you want them, then pay for them. Use the treasury to finance an initiative and seal deals.”
Why would it be? We started there, but we need commercial representation to make these deals. If you want them, then pay for them. Use the treasury to finance an initiative and seal deals. Or have learned helplessness over social media and earn bonus points for blaming Charles
— Charles Hoskinson (@IOHK_Charles) July 13, 2026 Also Read : Charles Hoskinson says More Cardano Projects Will Die in 2026
EMURGO Talk Sparks Fresh QuestionsThe discussion soon shifted toward EMURGO, Cardano’s Tokyo-based commercial arm. Brandolf argued that EMURGO already exists to build business partnerships and regional blockchain projects in Japan.
Hoskinson responded that neither EMURGO nor the Cardano Foundation is under a contract that forces them to pursue specific commercial deals.
“They aren’t going to do it, and, like the CF, there is no contract to compel them. Stop complaining and assign it to someone else.”
ADA Price Slides 11.5%Meanwhile, Cardano’s price has remained under pressure, falling 11.5% over the past week from around $0.1893 to nearly $0.1585.
Looking ahead, $0.1640 is the first key resistance level to watch. If ADA fails to break and hold above this level, the selling pressure could continue, pushing the price back toward its July 1 low near $0.1427.
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This is the worst possible week to write a cheerful Solana meme coin list, which is exactly why it is the right week to write an honest one. Solana fell from $81 to around $71 in seven days. The macro backdrop is ugly, with markets selling risk on Middle East tensions and a US inflation print landing today. And the sector’s flagship, BONK, just had roughly $20 million drained from its DAO treasury through a malicious governance proposal. A calm market flatters every coin. A week like this shows you which ones actually hold.
The frame, as always on this site: there is no single best Solana meme coin, and in a red week the question is not “what pumps” but “what survives.” This list ranks the sector’s main names by current data as of July 14, 2026, each with its case and its risk. Prices move fast in conditions like these; check live charts before acting on anything here.
The One Number That Matters $20 million. That is the approximate value of BONK tokens drained from BonkDAO’s treasury after a malicious governance proposal passed, according to the project’s own disclosure on its official X account. One week ago, in our meme coin rankings, we wrote that someone large was selling BONK into strength and that the coin was a knife until that flow exhausted. Now the market knows part of the answer: stolen treasury funds were tracked moving to exchanges, and Upbit suspended BONK deposits and withdrawals in response. The lesson is bigger than one coin. Meme coins with on-chain governance carry a risk that has nothing to do with charts: the treasury itself is an attack surface. Price it in everywhere.
1. Dogwifhat (WIF): the sector’s liquid veteran Price: $0.1726 as of July 14, 2026. Chart on CoinGecko.
The case: WIF remains one of the most recognized Solana memes with deep exchange coverage, and it carries no DAO treasury to rob. In a week where governance itself became the risk, a plain token with nothing to govern is suddenly a feature. Its all-time high sits above $4.80, more than twenty-five times today’s price, which is the size of the recovery runway if a real Solana meme cycle ever returns.
The risk: that runway exists because the fall was catastrophic, and nothing guarantees a way back. WIF is pure attention with no burn mechanics, no ecosystem products, and a chart that has spent a long time going one direction.
2. Bonk (BONK): the wounded flagship Price: $0.000004113. Market cap: $361.7 million. 24h: minus 2.5%. 7d: minus 10.8%. Volume: $20.8 million. Chart on CoinGecko.
The case: even after the hack, BONK remains the most built-out meme on Solana: over 350 integrations, ongoing fee burns through BonkBot, a corporate treasury holder in Nasdaq-listed Safety Shot, and the LetsBonk launchpad. Infrastructure like that does not evaporate with one exploit, and the token is already 92.9% below its late-2024 high, meaning a great deal of bad news is priced.
The risk: the $20 million governance drain is not fully resolved risk, it is a live event. Stolen funds moving to exchanges can mean continued sell pressure, an exchange suspension (Upbit) restricts flow, and the deeper question is trust in the DAO structure itself. Our full breakdown is in today’s BONK news coverage. Until the dust settles, this is a falling knife with a documented reason to fall.
3. Pudgy Penguins (PENGU): the brand that keeps not dying Price: $0.006180 as of July 14, 2026. Chart on CoinGecko.
The case: a week ago PENGU was quietly outperforming Dogecoin; this week it has bled less than the sector around it. The NFT-brand crossover gives it something almost no meme has: revenue-generating intellectual property outside crypto, from toys to licensing. In a drawdown, having any fundamental at all is a moat.
The risk: brand does not exempt it from beta. When Solana falls 13% in a week, everything on Solana eventually follows, and PENGU’s cap (around $400 million at last full reading, verify live) still prices a lot of optimism.
4. Fartcoin (FARTCOIN): the attention veteran of the AI-meme corner Price: $0.1294 as of July 14, 2026. Chart on CoinGecko.
The case: it survived. That sounds like a joke, but in a sector where most tokens die within months, Fartcoin has held a nine-figure presence across multiple cycles and remains one of the names traders rotate back to when Solana meme appetite returns.
The risk: everything that makes it durable is sentiment, and sentiment is exactly what a macro-driven sell-off destroys first. No mechanics, no floor, no promises.
5. Official Trump (TRUMP): the headline token Price: $1.65 as of July 14, 2026. Chart on CoinGecko.
The case: TRUMP has been remarkably stable through the chaos, barely moved over recent sessions while the sector bled. A holder base that does not trade the macro is its own kind of strength.
The risk: this token is event risk incarnate. It moves on headlines about one person, and in a geopolitically loud month, headlines are not in short supply. Treat any position as a bet on news flow, not on crypto.
The ecosystem wildcard: Pump.fun (PUMP) Not a meme coin itself but the token of Solana’s dominant meme launchpad, PUMP was one of the few green prints on the board today, up over 14% at $0.001502. When traders bet on the casino rather than any single table, this is the ticket they buy. The risk mirrors the thesis: if Solana meme activity keeps shrinking with SOL down at $71, launchpad revenue shrinks with it.
Key Levels to Watch SOL itself is the master switch: the sector does not sustainably rally while SOL bleeds, and $70 is the round number under today’s price. BONK: the recent range floor near $0.0000040 has to hold, and hack headlines override any level. WIF: $0.15 is the line that keeps the structure from a fresh breakdown. PENGU: $0.0060 held so far this week; below it the brand thesis gets tested by price.
Bottom Line This week’s honest ranking is defensive. The safest-looking names are the ones with something beyond sentiment: PENGU’s brand, BONK’s infrastructure (wounded as its governance is), WIF’s simplicity and liquidity. The $20 million BonkDAO drain is the sector’s warning label of the month: in meme land, the chart is not the only thing that can attack you. Size small, expect violence, and let SOL’s own price tell you when the weather changes.
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 What is the best Solana meme coin right now? There is no single best one, especially in a falling market. By infrastructure BONK leads despite its hack, by external brand value PENGU, by liquidity and simplicity WIF. All are high risk.
What happened to BONK this week? BonkDAO disclosed that a malicious governance proposal drained roughly $20 million in BONK from its treasury. Funds were tracked to exchanges, Upbit suspended BONK deposits and withdrawals, and the token fell about 10% on the week.
Why are Solana meme coins falling? Solana itself dropped from about $81 to $71 in a week amid a broad risk-off move tied to Middle East tensions and US inflation data, and meme coins fall harder than their base chain in both directions.
Is WIF a good buy at $0.17? WIF trades more than twenty-five times below its all-time high above $4.80, which is both the opportunity and the warning. It is a pure sentiment asset; only speculate with money you can lose.
Does PENGU have real value behind it? Pudgy Penguins is the rare meme token attached to revenue-generating brand IP, including toys and licensing. That supports the story but does not protect the price in a sector-wide drawdown.
Are meme coin DAOs safe? The BonkDAO incident shows treasury governance is an attack surface: a passed malicious proposal drained funds. Any token with an on-chain treasury carries this risk on top of market risk.
Stephen “Cap” Newnham, who leads the Solana community group Superteam UK, said he will run as an independent candidate in the Aug. 13 parliamentary by-election in Clacton against Reform UK leader Nigel Farage.
On Tuesday, Newnham outlined five campaign pledges, including support for local entrepreneurs, digital and artificial intelligence education, financial literacy in schools and onchain political transparency. He announced his intention to stand as an independent candidate on July 9.
Newnham’s fourth pledge, “You should own your pension,” argues that existing structures like self-invested personal pensions and small self-administered schemes allow savers to choose where their assets are held. He also pledged full transparency, with donations and meetings published in plain English and onchain.
The campaign has not detailed a role for blockchain technology in managing pension assets or proposed changes to pension law. A blockchain could make published records more difficult to alter, but it would not by itself ensure that every donation or meeting had been disclosed.
Cointelegraph contacted Newnham for more information about his proposals but had not received a response by publication.
According to his LinkedIn profile, Newnham studied economics at the University of Edinburgh before joining the Solana ecosystem. He leads Superteam UK and has co-authored a report on blockchain and the future of work with Coinbase’s Stand With Crypto campaign and the DLT Science Foundation.
Superteam UK said the Cap for Clacton community was established to help retain technical talent in Britain by supporting founders and developers building on Solana, arguing that many entrepreneurs leave the country in search of better funding and startup opportunities abroad.
Farage funding scrutiny shapes contestThe candidacy brings an explicit crypto platform into a contest triggered when Farage resigned from Parliament on Wednesday and opted to recontest his Clacton seat amid a parliamentary standards investigation into whether Farage should have declared a 5 million pound ($6.7 million) personal gift from crypto investor Christopher Harborne. Farage has said he was not required to declare the gift because it was received before he entered Parliament.
Farage has faced additional scrutiny over reported financial support from crypto entrepreneur George Cottrell and allegations that his financial relationships intersected with his advocacy on digital asset policy. Farage has denied wrongdoing and said he followed parliamentary rules.
National poll favors Count BinfaceAt the time of writing, Democracy Club lists 11 prospective candidates, including Newnham, Farage and satirical candidate Count Binface, though the council is not expected to confirm the official field until July 17.
On Friday, an Ipsos survey of 1,000 British adults found 33% would prefer Binface to win, compared with 21% for Farage, but the national poll did not measure voting intentions among Clacton residents.
Early survey results on the upcoming by-election. Source: Ipsos
Despite the unconventional field, the result is being closely watched because of Farage’s involvement and the scrutiny surrounding his decision to force a new vote.
Magazine: Thai scammer’s $122M wallet, Japan embraces crypto credit: Asia Express
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Stephen “Cap” Newnham, who leads the Solana community group Superteam UK, said he will run as an independent candidate in the Aug. 13 parliamentary by-election in Clacton against Reform UK leader Nigel Farage.
On Tuesday, Newnham outlined five campaign pledges, including support for local entrepreneurs, digital and artificial intelligence education, financial literacy in schools and onchain political transparency. He announced his intention to stand as an independent candidate on July 9.
Newnham’s fourth pledge, “You should own your pension,” argues that existing structures like self-invested personal pensions and small self-administered schemes allow savers to choose where their assets are held. He also pledged full transparency, with donations and meetings published in plain English and onchain.
The campaign has not detailed a role for blockchain technology in managing pension assets or proposed changes to pension law. A blockchain could make published records more difficult to alter, but it would not by itself ensure that every donation or meeting had been disclosed.
Cointelegraph contacted Newnham for more information about his proposals but had not received a response by publication.
According to his LinkedIn profile, Newnham studied economics at the University of Edinburgh before joining the Solana ecosystem. He leads Superteam UK and has co-authored a report on blockchain and the future of work with Coinbase’s Stand With Crypto campaign and the DLT Science Foundation.
Superteam UK said the Cap for Clacton community was established to help retain technical talent in Britain by supporting founders and developers building on Solana, arguing that many entrepreneurs leave the country in search of better funding and startup opportunities abroad.
Farage funding scrutiny shapes contestThe candidacy brings an explicit crypto platform into a contest triggered when Farage resigned from Parliament on Wednesday and opted to recontest his Clacton seat amid a parliamentary standards investigation into whether Farage should have declared a 5 million pound ($6.7 million) personal gift from crypto investor Christopher Harborne. Farage has said he was not required to declare the gift because it was received before he entered Parliament.
Farage has faced additional scrutiny over reported financial support from crypto entrepreneur George Cottrell and allegations that his financial relationships intersected with his advocacy on digital asset policy. Farage has denied wrongdoing and said he followed parliamentary rules.
National poll favors Count BinfaceAt the time of writing, Democracy Club lists 11 prospective candidates, including Newnham, Farage and satirical candidate Count Binface, though the council is not expected to confirm the official field until July 17.
On Friday, an Ipsos survey of 1,000 British adults found 33% would prefer Binface to win, compared with 21% for Farage, but the national poll did not measure voting intentions among Clacton residents.
Early survey results on the upcoming by-election. Source: Ipsos
Despite the unconventional field, the result is being closely watched because of Farage’s involvement and the scrutiny surrounding his decision to force a new vote.
Magazine: Thai scammer’s $122M wallet, Japan embraces crypto credit: Asia Express
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
A Solana ecosystem leader is running for UK Parliament. Stephen “Cap” Newnham, who heads Superteam UK, announced his candidacy for the Clacton by-election on July 14, 2026, putting himself directly opposite Nigel Farage with a platform that reads less like a traditional campaign manifesto and more like a web3 whitepaper.
His pitch: pension reform and onchain transparency for government.
From hackathons to hustings Newnham’s crypto credentials are substantial. As the lead of Superteam UK, a decentralized talent network operating within the Solana ecosystem, he has helped facilitate over £1 million in earnings for UK-based talent through Solana-related opportunities. The projects associated with Superteam UK have collectively raised more than $40 million.
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Globally, the Superteam network has distributed over $1.7 million in what it calls “community GDP,” flowing through bounties, grants, and job placements.
Before leading Superteam UK, Newnham won a Solana hackathon and served as marketing manager at Flight3. He also serves as CEO of BOO Ventures, described as a multi-chain web3 DAO.
His recent social media activity has leaned into themes of “building back Britain” while also referencing Breakpoint London, Solana’s marquee developer conference.
Onchain transparency meets pension reform The two pillars of Newnham’s platform, pension reform and onchain transparency, are more connected than they might initially appear. The transparency angle is straightforward in concept: use blockchain technology to create verifiable, tamper-proof records of government spending, voting, and decision-making.
For Solana specifically, having a prominent community leader running for Parliament on a platform that essentially advertises onchain governance adds a layer of mainstream visibility that hackathons and token launches cannot provide.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Stephen “Cap” Newnham, the leader of the Solana community group Superteam UK, has announced that he will stand as an independent candidate in the upcoming Clacton parliamentary by-election, set for August 13. Newnham will face Reform UK leader Nigel Farage, who decided to recontest his seat after recently resigning from parliament.
Election pledges include blockchain transparencyNewnham unveiled his campaign on July 9, outlining five key pledges that include support for local entrepreneurs, digital and artificial intelligence education, and improvements in financial literacy in schools. A core part of his platform is the push for political transparency, with plans to publish all campaign donations and meetings in plain English and onchain.
Under his fourth campaign pledge, “You should own your pension,” Newnham advocated for individual choice over pension asset management. He referenced self-invested personal pensions and small self-administered schemes as existing structures that empower savers to control their assets’ placement. However, his campaign has not offered detailed plans for integrating blockchain into pension management or proposed specific pension law reforms.
Mini dictionary: Superteam UK is a community organization that supports the development and promotion of Solana blockchain projects in the United Kingdom, providing resources, education, and funding to local entrepreneurs and developers.
While blockchain technology can make published records more tamper-resistant, it does not guarantee that all financial and political activities are disclosed. The campaign has yet to explain the technical or regulatory specifics around onchain disclosures, and Newnham has not publicly addressed requests for further details.
Newnham’s campaign commits to full transparency, pledging that donations and meetings will be published both in plain English and onchain for public review.
Farage seeks re-election amid investigationNigel Farage, who leads Reform UK, resigned his seat on July 8 and announced he would stand again in Clacton as part of a parliamentary standards inquiry. The investigation is reviewing whether Farage should have declared a £5 million ($6.7 million) personal gift from crypto investor Christopher Harborne. Farage maintains that the gift, received before his parliamentary return, did not require disclosure under current regulations.
In addition, Farage has faced scrutiny over reported financial support from George Cottrell, a crypto entrepreneur, and allegations that his financial relationships may have overlapped with his digital asset policy advocacy. Farage has denied any wrongdoing and asserts that he complied with all parliamentary rules.
Mini dictionary: Reform UK is a British political party that was founded as the Brexit Party and is known for its Eurosceptic views. It is currently led by Nigel Farage and campaigns on issues including political reform, national sovereignty, and economic freedom.
The investigation into Farage centers on whether large gifts and crypto-linked donations should have been declared under parliamentary standards, with Farage defending his decisions based on the timing of the gifts and established rules.
Packed field for Clacton by-electionAs of now, Democracy Club lists 11 prospective candidates for the Clacton by-election, including Newnham, Farage and satirical candidate Count Binface. The official slate is not expected to be confirmed until July 17 by Tendring District Council.
Polling ahead of the vote remains unclear regarding Clacton residents, though a recent Ipsos survey of 1,000 British adults indicated 33% favored Count Binface and 21% backed Farage, despite the poll not sampling local voters in the constituency.
CandidateNational Preference (Ipsos)Count Binface33%Nigel Farage21%Others (including Newnham)Not specifiedThe by-election result is closely watched due to Farage’s profile and the prominence of crypto-linked controversies in the race. Turnout and support in Clacton remain uncertain with official campaigning underway.
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.
