Kylie Jenner’s verified X account, which has roughly 39.5 million followers, briefly promoted a Solana memecoin on Pump.fun before the posts were scrubbed. The token tied to the now-deleted posts saw its market cap spike to $1.21 million, then collapse below $120,000 in what appears to be the latest in a growing pattern of celebrity account compromises used to pump short-lived tokens.
The posts directed followers to a Pump.fun page with the handle “cutekjenner” and included a Solana contract address. Both were removed shortly after publication, but not before on-chain observers and community members flagged the activity as almost certainly the result of a hack.
What happened on-chain The token associated with the contract address (6b7KQsXqb6JR5Nmeer5zGRmo51dwDfttM5b5Nu2rpump) launched on Pump.fun, Solana’s dominant memecoin launchpad. Within minutes of the posts going live from Jenner’s account, buying pressure pushed the token’s market cap to an all-time high of $1.21 million.
That peak didn’t last long. Once the posts disappeared, sellers took over. The market cap cratered to below $120,000, a drop of more than 90%.
A familiar playbook Throughout 2024 and into 2025, a string of high-profile X accounts were compromised using nearly identical tactics: gain access to a verified celebrity or brand account, post a Solana token address or Pump.fun link, let the FOMO do the rest, and cash out before anyone realizes the account holder had nothing to do with it.
Community reactions on both Pump.fun and X pointed to several red flags. The tone of the posts didn’t match Jenner’s typical content. The timing was abrupt. And the deletion, coming just minutes later, suggested either the real account holder regained access or the attacker pulled the plug after extracting enough value.
As of the immediate aftermath, neither Kylie Jenner nor her representatives had issued any official statement about the incident.
The mechanics of celebrity account exploits Pump.fun has become the de facto venue for this type of attack because of how frictionless it makes token creation. Anyone can launch a Solana token on the platform in seconds, with no vetting or approval process.
The exploit relies on a simple asymmetry: the attacker knows the post is fake, but the 39.5 million people who follow Kylie Jenner do not. Even if only a tiny fraction of those followers act on the post, the resulting buy pressure on a low-liquidity token is enough to generate a massive price spike. The attacker, who presumably loaded up on the token before posting, sells into that spike.
A token that briefly hits $1.21 million in market cap on Solana, where transaction fees are negligible, represents a potentially significant payday for whoever holds a large percentage of the supply at launch.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitwise’s Solana Staking ETF has approached $1 billion in net inflows less than 10 months after its launch.
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The fund, trading on the NYSE under the ticker BSOL, attracted $25 million on Aug. 24, bringing its cumulative inflows to $948 million, according to data tracked by Farside Investors.
That represents approximately 80% of the $1.2 billion flowing into US spot Solana ETFs overall. BSOL has outperformed competing funds managed by Fidelity and Grayscale, which have collectively drawn in over $315 million in net inflows.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
A crypto whale took profits and exited the market, earning $852,000 in just four hours, and placed a buy order for 1,000 BTC to "buy the dip".
According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that went long on $71.8 million worth of BTC and ETH last night has exited its position after taking profits, earning $852,000 in just four hours of holding. The whale has now placed a limit buy order for 1,000 BTC (worth approximately $73.53 million) in the $72,611–$74,222 range, and plans to buy the dip if the crypto price falls into this zone.
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A whale withdrew 46,800 HYPE tokens, valued at approximately $3.65 million.
According to Onchain Lens monitoring, a crypto whale has once again withdrawn 46,800 HYPE tokens (valued at roughly $3.65 million) from Coinbase Prime. The whale has now amassed a total of 80,600 HYPE tokens, worth approximately $5.53 million.
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Gaokai Technology Surges Over 240% in Opening Trading on Its First Day of Listing
According to market data, new stock N Gaokai opened 240.61% higher on its first day of listing, with a current price of 209 yuan, while its issue price stands at 61.36 yuan. Calculated based on the opening price, investors holding one lot (500 shares) have an unrealized profit of approximately 73,800 yuan.
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F2Pool co-founder Wang Chun has reduced his holdings of 6,609 ETH again, valued at approximately $16.63 million.
According to Yu Jian Monitoring, the address of F2Pool co-founder Wang Chun sold an additional 6,609 ETH (valued at approximately $16.63 million) 10 hours ago. Since the start of the current rally, he has cumulatively reduced his ETH holdings by 23,378 ETH, worth around $55.06 million.
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HIP-3 deployer Entropy completes a $14 million funding round and launches the Anthropic pre-IPO market.
According to official announcements, Entropy has closed a $14 million funding round led by Ribbit Capital, alongside $40 million in HYPE staking support, to build enhanced and new markets. Its first Anthropic pre-IPO market has launched on Hyperliquid. Entropy is a HIP-3 market deployer, enabling perpetual futures trading for global stocks, commodities, and indices, as well as innovative products like long-dated pre-IPO equities. The Entropy team comprises researchers and traders from Citadel Securities, Optiver, Polymarket, and Millennium, focused on advancing its capital markets vision: enabling 24/7 trading of all assets in a single venue with deep liquidity. The firm is developing new trading primitives to address related pain points; its first innovation is a liquidity-weighted oracle that adjusts the confidence of external oracle prices based on the market’s executable depth, allowing price discovery to occur directly on the order book.
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The largest on-chain bull took profit and reduced positions, locking in a profit of $45.3 million.
According to Yu Jing Monitor, the largest long position holder on Hyperliquid closed out 60,000 ETH and 1,200 BTC in the early hours of today to lock in profits of $45.3 million. The holder’s long position size dropped from $537 million to $143 million. It currently holds 1,800 BTC in long positions, with an unrealized profit of $21.08 million.
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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.
The crypto markets have showed no signs of slowing down this new week. Major assets have retained their gains after Bitcoin delivered one of its strongest rallies in years. $BTC climbed from roughly $63,000 to nearly $80,000 over 7 days, gaining about 25%, marking Bitcoin's strongest weekly performance since March 2023.
Several catalysts combined to drive the move. President Donald Trump backed the CLARITY Act ahead of its September vote and held a White House meeting focused on crypto, while the U.S. Treasury expanded its long-term bond buyback operations to $4 billion. Those developments improved expectations around liquidity and regulatory clarity. Leverage amplified the rally. According to Coinglass data, the week ended August 22 saw a total of almost $7 billion worth of liquidations with 5.2 billion of those coming from short positions. That forced traders who bet against crypto assets to buy back their positions, adding another source of demand.
Spot ETF demand returned heavily during the rally. U.S. spot Bitcoin ETFs attracted roughly $1.92 billion last week, their strongest weekly inflow of 2026.
Notably, Strategy took a more defensive stance. The Bitcoin treasury company added $1.59 billion to its USD Cash reserve, taking total reserves to $5.1 billion, while making no Bitcoin purchases last week. Strategy still holds 840,447 $BTC, sitting on an unrealized profit of about $3.3 billion at current prices.
Solana Pushes Back Above $100 Solana also delivered a major rebound, climbing from around $75 to above $100 over the weekend. $SOL reached roughly $102.50, its highest level since February 2026, before pulling back toward its current price of $96. The token gained about 27% over the past 7 days.
U.S. spot Solana ETFs added about $28 million in net inflows last week, marking their strongest weekly inflow in 14 weeks. August inflows have reached $38.74 million with 6 trading sessions remaining.
Altcoins Catch the Rotation Capital also rotated further down the risk curve. Hyperliquid's $HYPE reached an all-time high of $83.27 on August 23, while Zcash gained more than 60% over 7 days as markets reacted to Grayscale's spot Zcash ETF filing.
Within the Solana ecosystem, $PUMP and $TRUMP led the rebound. Both tokens gained more than 100% during the week before settling at roughly 70% weekly gains.
Can Jackson Hole Become the Next Catalyst? Attention now shifts to the Federal Reserve's Jackson Hole Economic Policy Symposium, which runs August 27 to 29 under the theme "Financial Innovation: Implications for Payments and Policy." Fed Chair Kevin Warsh will make his debut at the event, putting his comments on inflation, rates and financial conditions at the center of the week's macro outlook.
Market sentiment has moved sharply with prices. CoinMarketCap's Fear & Greed Index now stands at 81, up from greed yesterday into extreme greed today. At this time last week, it was ‘Neutral’ at 40.
Before entering any trades, market participants will do well to ask themselves whether fresh ETF and spot demand can keep the rally moving.
Read More on SolanaFloor SGP-003 Critics Argue Resource Fees are “Damaging to Solana”
$14.59M Flows Into Solana ETFs as $SOL Breaks $90: Are We Back?
New infrastructure enables open competition for Solana blockspace while introducing programmable block policies for validators
Flowra today announced the launch of its Open Orderflow Auction (OOA), a new block-building framework for Solana designed to introduce open competition into the network’s MEV market and increase validator revenue.
The Open Orderflow Auction allows registered searchers to compete for transaction inclusion through a transparent auction rather than relying on closed orderflow channels. By opening blockspace to competitive bidding, Flowra aims to improve price discovery and enable validators to capture a greater share of the value generated by MEV.
In early testing on a single validator, a Flowra-enabled setup increased compute units per block by 20.6%, moving that validator from 84% to 101% of the network average, alongside higher block fees than comparable validator software and 100% block production with 99.999% block engine uptime
In addition to the auction, Flowra is introducing Programmable Block Policy, which allows validators to define their own transaction inclusion policies at the block-building layer. The feature is designed to give validators greater operational flexibility, including the ability to meet regulatory or institutional compliance requirements without changing the underlying Solana protocol. They recently announced a collaboration with compliance infrastructure provider Honeypot to bring sanctions and risk screening to this layer.
“Solana’s performance has made it one of the industry’s leading blockchain networks, but its MEV market remains largely concentrated,” said Harry Hwang , CEO at Flowra. “By opening block building to transparent competition, we’re creating a more efficient market for blockspace while giving validators greater control over how their blocks are constructed with full verifiability and auditability.”
Flowra’s architecture is inspired by the competitive block-building model that emerged on Ethereum, where open bidding significantly increased proposer revenue. The company believes Solana’s high throughput and low-latency design make it well suited for a similar market-based approach to block building.
Flowra is currently onboarding institutional-grade validators to the Open Orderflow Auction, with a broader rollout to follow as the network expands. The Open Orderflow Auction is now available to validators and searchers participating in the Solana ecosystem.
About Flowra Flowra is a blockchain infrastructure company building validator and order flow solutions for the Solana ecosystem. The company develops technology designed to improve transaction transparency, value distribution, and incentive alignment across validators, users, and builders. Through its validator infrastructure, delegation programs, and MEV-related technologies, Flowra aims to create a more open, efficient, and scalable foundation for the next generation of blockchain networks.
Pump.fun just posted $13.68 million in weekly protocol revenue, its strongest seven-day stretch since February. Nearly all of it, $13.67 million, came from activity on Solana. The remaining sliver originated from the platform’s smaller footprints on Base, BSC, and Ethereum.
The numbers behind the surge Pump.fun’s 24-hour revenue clocked in at $1.77 million, while the trailing 30-day figure reached $47.75 million. Annualized, the platform is on pace to generate roughly $461 million in protocol revenue.
Since launching on January 19, 2024, cumulative revenue has crossed $1.259 billion. Cumulative fees are even higher, exceeding $1.997 billion.
The platform earns revenue through a mix of trading fees, graduation fees (charged when a token’s bonding curve completes and migrates to open trading), and ancillary products like PumpSwap and its advanced trading terminal. The bonding curve mechanism prices tokens algorithmically as buyers pile in, creating instant liquidity without needing a traditional market maker.
PUMP token economics and holder payouts The PUMP token currently trades around $0.005, giving it a market capitalization of approximately $1.95 billion and a fully diluted valuation near $4.19 billion.
A protocol generating nearly $48 million per month while trading at a $1.95 billion valuation implies a price-to-annualized-revenue multiple of roughly 4.2x.
In the past seven days alone, $6.55 million was distributed to PUMP holders through buybacks and profit-sharing mechanisms. That means roughly 48% of weekly protocol revenue is being funneled back to token holders.
What’s driving the revival Pump.fun’s model allows token creation without pre-mines or insider advantages. The bonding curve launch mechanism means every buyer faces the same price curve, eliminating the informational asymmetry that plagues traditional token launches.
PumpSwap, the platform’s integrated decentralized exchange, captures trading volume that might otherwise leak to third-party AMMs, keeping the full lifecycle of a meme token from creation through active trading within its own ecosystem.
What this means for the broader market For Solana specifically, Pump.fun’s activity is a non-trivial contributor to network usage and transaction fees. A platform generating billions in cumulative fees creates real demand for SOL needed to pay gas, which feeds back into the network’s economic model.
For PUMP token holders, the 30-day revenue of $47.75 million and $6.55 million in weekly holder distributions are the key variables to watch. If weekly fees drop back, holder distributions would shrink proportionally, and the valuation math would need to be reworked entirely.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana price held near $95 on Aug. 24 after gaining roughly 26% as regulatory optimism, record tokenized-asset value and active network governance votes supported the rally.
Summary
Solana price gained about 26% after breaking above the former $78 resistance level. SOL faces daily resistance between $97.68 and $98.44 after briefly reaching $102.88. Validators are voting on proposals covering governance, inflation, and transaction fees. Liquidation liquidity is concentrated near $96.30, with another cluster around $93. Solana price action today According to data from crypto.news, Solana (SOL) price traded at $94.71 at press time on Aug. 24. The token had risen from around $75 before accelerating above $78 on Aug. 19.
On the 4-hour chart, SOL extended the breakout through $83.49 and $88.06, corresponding to the 50% and 61.8% Fibonacci retracement levels measured from $64.09 to $102.88. The rally briefly carried the price above $100 before sellers forced it back toward $88.
Solana price 4-hour chart — Aug. 24 | Source: crypto.news Buyers subsequently defended the pullback and returned SOL to the $94.58 Fibonacci level. Price was consolidating slightly above that mark at the time of the chart capture, leaving the market near the upper end of its two-month range.
The daily chart shows SOL trading above its 20-, 50-, 100-, and 200-day moving averages. Those averages were positioned between $76.56 and $81.27, showing how far the price moved from its recent trend levels during the rally.
SOL’s advance also followed a wider crypto recovery. Bitcoin and crypto-linked U.S. stocks rose after the Treasury expanded its long-duration debt buybacks and President Donald Trump renewed his push for the CLARITY Act.
What is driving the SOL rally? The rally coincided with the U.S. Securities and Exchange Commission’s Aug. 18 proposal for a new framework called Regulation Crypto Assets.
The SEC said the proposed rules would give crypto companies clearer routes to raise capital under federal securities laws. The framework would also establish conditions under which certain crypto-related investment contracts could move outside existing securities requirements.
The proposal does not amount to a Solana-specific ruling or automatically remove every regulatory risk facing SOL. However, its publication reduced some of the uncertainty surrounding how U.S. securities rules may apply to functional blockchain networks and token offerings. Public comments remain open through Oct. 20.
Solana also received a network-specific catalyst when voting opened on its first three formal governance proposals. According to crypto.news, voting will remain open through epoch 1023, expected to end on Aug. 27 at approximately 15:30 UTC.
SGP-0001 would introduce the Solana Constitution as a common governance framework. SGP-0002 would double the network’s annual disinflation rate from 15% to 30%, potentially removing about 18.9 million SOL from scheduled emissions over six years.
SGP-0003 proposes a new resource and inclusion fee structure. SolanaFloor estimated that the change could raise daily SOL burning from about 648 tokens to roughly 9,000, although the outcome depends on validator approval and subsequent network activity.
Solana’s tokenized real-world asset market provided another source of support. RWA.xyz data showed that the value of tokenized assets on the network crossed $4 billion for the first time, while the number of RWA holders reached approximately 348,489.
SOL resistance sits between $97.68 and $102.88 SOL must first close decisively above the daily resistance zone between $97.68 and $98.44 to extend its recovery. The price tested the area during the latest rally but failed to hold above it.
A confirmed breakout would bring $100 back into view, followed by the Aug. 22 wick at $102.88. Clearing that high would remove the most visible nearby supply zone on the provided charts.
Solana price daily chart — Aug. 24 | Source: crypto.news The Aroon indicator supports the broader bullish setup. Aroon Up stood at 85.71%, compared with Aroon Down at 42.86%, showing that a recent high carried more weight than the latest low.
Trend strength also remained elevated on the 4-hour chart, where the Average Directional Index registered 71.50. An ADX reading above 25 generally signals a strong trend, although the indicator measures strength rather than direction.
Short-term momentum has started to weaken. The 4-hour MACD line fell to 2.59, below its signal line at 3.09, while the histogram declined to minus 0.50. The bearish crossover suggests SOL may consolidate or retest support before attempting another breakout.
The first support sits near $94.58. A close below that level would expose the $92.50–$93.25 area, followed by $88.06. The deeper $83.49 level would become important if sellers reverse the breakout, while a move below $78.91 would materially weaken the current structure.
Liquidation map points to a battle near $96 CoinGlass’ 24-hour liquidation heatmap shows the largest nearby concentration of leveraged positions around $96.20–$96.40. Price often moves toward areas containing dense liquidation orders, but the map does not guarantee that SOL will reach or break the cluster.
Solana liquidation heatmap | Source: CoinGlass A move above $96 could force some short positions to close, potentially helping SOL retest the $97.68–$98.44 resistance zone. Further liquidity appears between approximately $97 and $99.50.
Below the market, liquidation concentrations are visible around $93 and from $91.50 to $92. A rejection below $94 could therefore produce a faster move toward those lower pools before spot buyers re-enter.
The chart does not support attributing the wider market’s reported multibillion-dollar liquidation total solely to SOL. Any such figure should be described as covering the broader crypto derivatives market unless CoinGlass provides an asset-specific total.
What analysts are watching next Crypto analyst Haris identified the $98–$102 area as the main resistance zone after SOL’s latest rejection. The analyst said a break below $85 would weaken the setup, while the supplied daily chart places more immediate support at $88.06 and $83.49.
The governance vote may provide the next Solana-specific catalyst. Approval of SGP-0002 would reduce future token issuance faster, while SGP-0003 could increase the amount of SOL burned through network fees. Rejection would preserve the existing emission or fee structure.
For U.S. investors, the SEC proposal remains the larger policy event. The rules are still at the proposal stage and may change following public comments, meaning the recent rally reflects expectations rather than a completed regulatory change.
SOL’s ability to hold $94.58 while momentum resets will determine whether the move becomes a sustained breakout. A daily close above $98.44 would strengthen the bullish case toward $102.88, while a loss of $88.06 would raise the risk that the rally is unwinding.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Flowra has launched its Open Orderflow Auction for Solana, introducing an open block-building system that allows registered searchers to compete for transaction inclusion while giving validators greater control over blockspace and MEV revenue.
Summary
Flowra’s Open Orderflow Auction lets registered searchers compete transparently for transaction inclusion on Solana blocks. Flowra’s single-validator test raised compute units per block by 20.6%, with comparable block fees higher. Programmable Block Policy lets validators set inclusion rules and support compliance screening without protocol changes.
Flowra has launched its Open Orderflow Auction for the Solana ecosystem, introducing a competitive block-building framework aimed at opening the network’s MEV market to broader participation.
The framework is designed to open block building to competitive bidding, improve price discovery in Solana’s MEV market, and help validators capture more revenue. Registered searchers can compete for transaction inclusion through a transparent auction instead of relying on closed orderflow channels. Flowra said the Open Orderflow Auction is now available to validators and searchers, while it continues onboarding institutional-grade validators ahead of a broader rollout.
Open Orderflow Auction targets Solana MEV competition Flowra said the auction changes how transaction inclusion can be offered to searchers. Rather than routing orderflow through closed channels, registered participants can bid openly for access to blockspace. The company expects that model to create clearer competition around transaction inclusion and allow validators to receive more of the value generated by MEV.
Solana validators process transactions and participate in network consensus. Flowra’s framework focuses on that validator layer by introducing a new method for constructing blocks and allocating blockspace. The company says its aim is to improve transaction transparency, value distribution, and incentive alignment among validators, users, and builders.
Early validator testing shows higher block activity Flowra reported early results from testing its setup on a single validator. According to the company, the Flowra-enabled validator increased compute units per block by 20.6%. The validator moved from 84% to 101% of the network average during the test. Flowra also reported higher block fees than comparable validator software.
The company said the same setup achieved 100% block production and 99.999% block engine uptime. Those figures come from Flowra’s early testing and relate to one validator. The company is using the results as it expands onboarding for its Open Orderflow Auction across institutional-grade validators in the Solana ecosystem.
Programmable block policy adds validator controls Alongside the auction, Flowra introduced Programmable Block Policy. The feature allows validators to define transaction inclusion policies at the block-building layer. Flowra said this can give validators more operational flexibility, including the ability to address regulatory or institutional compliance requirements without changing the underlying Solana protocol.
Flowra recently announced a collaboration with compliance infrastructure provider Honeypot. The companies plan to bring sanctions and risk screening to the block-building layer. Flowra presented the policy system as a way for validators to control how blocks are constructed while retaining verifiability and auditability.
Flowra draws from Ethereum block-building model Flowra said its architecture takes inspiration from the competitive block-building model that emerged on Ethereum. Ethereum.org describes proposer-builder separation as a structure in which block builders submit bids and validators can select the most profitable offer. Flowra believes Solana’s high-throughput, low-latency design can support a similar market-based approach.
“Solana’s performance has made it one of the industry’s leading blockchain networks, but its MEV market remains largely concentrated,” Flowra CEO Harry Hwang said. “By opening block building to transparent competition, we’re creating a more efficient market for blockspace while giving validators greater control over how their blocks are constructed with full verifiability and auditability.”
Flowra develops validator and order flow infrastructure for Solana. Its products include validator infrastructure, delegation programs, and MEV-related technologies. The company’s broader goal is to support a more open, efficient, and scalable foundation for blockchain networks while improving how value is distributed among network participants. The auction is available to validators and searchers participating across the Solana ecosystem as the network expands further.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Solana (SOL) rose by 1% over the past 24 hours, trading above $94 on Monday after a sharp 27% rally last week that lifted the token to its highest level in two months. The price surge comes as Solana holds a bullish short-term structure, trading above major moving averages and drawing increased interest from both institutional investors and network participants.
Institutional demand and validator voting support SolanaInstitutional appetite for Solana strengthened in recent days, with SOL-focused exchange-traded funds (ETFs) attracting a combined $28.34 million in inflows over the last four trading sessions. Data from CoinGlass confirmed that this marked the highest inflow for these funds in two months, aligning with Solana’s rapid price rebound during the period.
Ongoing institutional interest, if sustained, could offer further buying support for SOL and build the case for an extended bullish trend. However, analysts note that a single week of positive flows does not yet signal a definitive change in investor sentiment. Many market participants are watching whether institutional demand persists after the recent run-up.
At the same time, validators on the Solana network began voting on three key governance proposals—SGP 1, SGP 2, and SGP 3—with the process scheduled to conclude on Thursday.
SGP 1 aims to establish a Solana Constitution, creating a formal framework for network-level governance and protocol decision-making. SGP 2 proposes raising Solana’s disinflation rate from 15% to 30%, which would accelerate the decline in the inflation rate without directly reducing the current token supply. SGP 3 seeks to revise transaction-fee mechanics by introducing a fixed base fee paid to block leaders, alongside a resource component that is burned based on a transaction’s computing demands.
Taken together, these proposals could significantly alter Solana’s governance, token issuance, and transaction economics if passed.
Mini dictionary: Solana validator — An entity or participant responsible for confirming transactions, producing blocks, and participating in network governance decisions on the Solana blockchain. Validators help secure the decentralized network and maintain its protocol.
Technical outlook: $100 resistance and key support zonesTechnically, Solana’s near-term trend remains positive as it trades above its 50-day Exponential Moving Average at $79.04 and the 200-day EMA at $92.67. The 4-hour chart shows that SOL is currently approaching resistance at $98.41, the May 11 high, with a psychological barrier at $100 just above it.
A daily close above $100 is widely viewed as necessary to confirm a sustained recovery. If this level is breached with conviction, analysts see upside potential toward $112.52, defined by the 127.2% Fibonacci extension from the recent decline.
LevelTypePriceSupport200-day EMA$92.67ResistanceMay 11 high$98.41ResistancePsychological barrier$100.00TargetFibonacci extension$112.52Lower support50-day EMA$79.04Lower support50% Fibonacci retracement$76.92Momentum indicators are pushing into overbought territory. The 4-hour Relative Strength Index stands near 64, signaling robust buying but also indicating that the rally may be overextended. The Moving Average Convergence Divergence (MACD) maintains a positive bias, pointing to ongoing trader interest.
Analysts caution that the risk of profit-taking or short-term consolidation has increased, given the rapid gains. If selling pressure emerges, immediate support lies at the 200-day EMA of $92.67. A breakdown below this point could send SOL toward the 78.6% Fibonacci retracement at $88.56, then the 50-day EMA at $79.04.
Despite these risks, as long as Solana remains above $92.67, the short-term outlook is seen as constructive. Breaking and holding above $100 would likely reinforce the bullish momentum and open the door for higher targets.
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.
Back in 1997, the architects of the internet reserved HTTP status code 402 for a future where payments could flow natively through the web. They labeled it “Payment Required” and then promptly shelved it for nearly three decades.
AI agents transferred 3.3 million USDC on Solana via the x402 protocol in just the past week. Over the last 90 days, that figure balloons to 5.1 million total transfers, according to Token Terminal metrics. The typical transaction clocks in at under $0.50, which tells you everything about the kind of economy being built here: not whale trades, but millions of tiny automated payments flowing between machines.
What x402 actually does Think of x402 as giving AI agents a credit card that works natively on the internet. When an AI agent makes an HTTP request to a server, the server can respond with a 402 status code containing payment details. The agent reads those details, settles the payment on-chain in USDC, and gets access to whatever resource it was requesting. No human intervention, no checkout flow, no payment processor taking days to settle.
Solana has emerged as the dominant settlement layer for this activity, processing roughly 70% of x402 transaction volume on a monthly basis. The network has handled over 35 million x402 transactions cumulatively. Its combination of sub-second finality and negligible transaction fees makes it a natural fit for micropayments that would be economically impractical on higher-fee chains.
The consortium behind x402 The x402 protocol is managed by the x402 Foundation, whose participant list includes Solana Foundation, Coinbase, Cloudflare, Stripe, and Visa. Coinbase originally designed the standard before transitioning stewardship to the foundation.
Ramp, the corporate spend management platform, integrated x402 into its services on August 20, 2026, for over 70,000 businesses. That integration allows enterprises to let AI agents autonomously fund and spend from USDC wallets on Solana.
Why micropayments matter this time AI agents don’t experience decision fatigue. They can evaluate whether paying $0.12 for a data feed is worth the value it generates and execute the transaction in milliseconds. This removes the single biggest obstacle that has historically strangled micropayment systems.
The 5.1 million transfers over 90 days on Solana alone suggest this isn’t theoretical anymore. Real agents are making real payments at a pace that would be physically impossible for human users. And the growth trajectory is steep: 3.3 million of those transfers happened in the most recent week, meaning weekly volume now represents roughly 65% of what took the previous three months to accumulate.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana reported a 1% price increase over the last 24 hours, trading above $94 on Monday. This move followed a 27% jump in the previous week, marking Solana’s strongest level in two months.
Institutional demand and network upgrades support SOLThe current uptick in Solana’s price is accompanied by growing institutional interest, particularly as investment funds focused on SOL registered notable capital inflows. Major exchange-traded funds specializing in Solana received a total of $28.34 million in new investments across four straight trading sessions last week, according to CoinGlass. This represents the largest weekly inflow since June and coincided with SOL’s significant rebound.
Sustained inflows from these institutional vehicles may offer additional buying pressure and could fuel further price appreciation for the token. However, analysts noted that positive flow for one week alone does not guarantee an established long-term trend, and investors are carefully monitoring whether the momentum persists.
At the same time, Solana validators began voting on three new governance proposals on Monday, a process scheduled to conclude Thursday. These proposals, labeled SGP 1, SGP 2, and SGP 3, are expected to shape the future of the Solana network.
SGP 1 seeks formal approval of the Solana Constitution to set a foundation for governance and future upgrades. SGP 2 aims to increase the network’s disinflation rate from 15% to 30%, thereby accelerating the decline in the inflation rate and slowing supply growth without affecting the existing supply.
SGP 3 proposes changes to the transaction fee structure. This includes introducing a fixed base fee paid to the block leader and a resource fee tied to the computational resources needed for transactions; this latter portion would be burned, reducing circulating supply. Collectively, these updates could impact Solana’s governance, economic incentives, and technical framework.
Mini dictionary: Solana validators, elected network participants responsible for producing blocks and voting on protocol changes to maintain the integrity and evolution of the Solana blockchain.
Key resistance and technical indicatorsSolana’s near-term structure remains bullish as the price holds above its major moving averages. The current price stays above the 50-day Exponential Moving Average (EMA) at $79.04 and the 200-day EMA at $92.67, both indicators of positive momentum.
SOL faces immediate resistance at $98.41, the recent swing high recorded on May 11. The $100 price level also presents a psychological barrier. A convincing daily close above $100 is seen as confirmation of a sustained recovery and could trigger a further rally toward $112.52, which corresponds to the 127.2% Fibonacci extension level from the recent swing low.
Momentum indicators suggest strong buying interest but warn of potential short-term consolidation. The 4-hour Relative Strength Index (RSI) stands near 64, approaching the overbought threshold, while the Moving Average Convergence Divergence (MACD) shows bullish continuation with a positive histogram.
The immediate focus for traders remains on whether SOL can achieve a clear breakout above $100, with the sustainability of ETF inflows and validator decisions influencing near-term price action.
IndicatorCurrent ValueImplicationPrice$94Above weekly average50-day EMA$79.04Support200-day EMA$92.67SupportRSI (4-hour)64Near overboughtResistance$98.41, $100Barriers to breakoutFibonacci Extension$112.52Potential targetETF Inflow$28.34 millionRising institutional interestOn the downside, maintaining a position above the 200-day EMA at $92.67 would support the bullish outlook. A close below this level may prompt a deeper pullback toward the 78.6% Fibonacci retracement at $88.56, with further declines possible to the 50-day EMA at $79.04 or the 50% retracement at $76.92 if selling intensifies.
At present, the constructive outlook for Solana remains intact as long as the price holds above key support levels and institutional buying continues to provide a tailwind for the token.
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 has recorded a weekly buy signal after rebounding from the mid-$70s to nearly $95, signaling a possible shift in trend. Analyst Jesse Olson identified this setup as a sign that Solana may be forming a macro bottom, but he cautioned that additional confirmation is needed for a broader reversal.
Technical Breakout Hints at Trend ChangeThe SOL/USD chart shows Solana trading at $95.28, up 27.8% for the week after starting near $74.54. This move brings price back above a descending structure that had guided the token’s decline over recent months. Olson pointed to the appearance of a weekly buy signal, noting its similarity to a previous cycle during which Solana initially dipped another 35% after flashing a similar signal, before eventually gaining 991%.
The possibility of repeating this trajectory remains uncertain, but Olson emphasized that the signal could be significant if SOL is indeed building a long-term base. The chart marks immediate resistance between $100 and $105, with the long-term blue trend indicator at $108.76 serving as a critical level. Sustaining a weekly close above this zone would indicate that buyers have regained control and potentially turn this resistance area into support.
On the downside, holding above $76.80 will be important for preserving the developing bullish setup. A close below that level on the weekly chart would challenge the macro-bottom scenario and raise the risk of a further decline.
Mini dictionary: Jesse Olson is an independent crypto analyst known for sharing technical chart analysis and insights on digital assets, particularly Solana, across social media platforms.
Solana has also approached a descending trendline drawn from previous highs. Breaking above this line, along with reclaiming the $108–110 region, would provide more robust confirmation than the buy signal alone.
LevelPriceSignificanceImmediate Resistance$100–$105Key level to confirm reversalMajor Resistance$108.76Long-term trend indicatorSupport$76.80Critical for bullish structureSupport (lower)Mid-$60sRecent lows, bearish risk if breached Solana’s weekly technical chart flashed a buy signal near $95, prompting speculation among traders that the token is forming a macro bottom. Price action around the $100–$105 region will be crucial in determining whether a broader reversal can take hold.
Signal Confirmed, but Caution RemainsOlson’s updated chart later confirmed the buy signal had officially printed, highlighting a green indicator beneath the current setup. SOL briefly traded at $94.84 after a strong weekly candle broke out from the consolidation zone of the mid-$70s to low $80s. Indicator dots near price shifted away from the persistent bearish pattern seen during the decline.
This development is notable because Solana spent several weeks trading below the descending structure that followed a drop from above $200. The rebound now positions SOL near the $100–$105 resistance, centered around a key blue trend line.
A weekly close above this resistance would support a larger bullish reversal. However, failing to reclaim the area could see price slip back into consolidation, limiting immediate upside potential.
Olson remarked that, unlike Ethereum, Solana has yet to post a higher high, a technical milestone often used to confirm a shift from bearish to bullish market structure. As it stands, the weekly buy signal serves as an early alert but does not fully confirm a trend reversal.
Support at $75 to $80 remains pivotal for bulls. A drop below this zone would soften the current bullish narrative, while a deeper decline toward the mid-$60s would further undermine sentiment.
Solana’s weekly chart structure has improved with the new buy signal, but the decisive factor is whether the token can reclaim and hold above the 100–105 region, turning the signal into a broader reversal.
For now, traders are watching if Solana can sustain the recent breakout. Confirmation above resistance would mark a turning point for the asset, while rejection would leave the broader recovery in question.
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.
Solflare has integrated PhoenixTrade Perps into its mobile wallet, allowing users to access over 65 leveraged markets through an onchain orderbook on the Solana blockchain. This integration, announced via social media by @SolanaFloor, enhances the accessibility of Phoenix Trade’s non-custodial perpetual futures exchange for users within the Solana ecosystem. By leveraging Solflare’s mobile platform, users can now interact directly with Phoenix’s leveraged markets, which are supported by USDC collateral. This move extends the reach of an existing onchain derivatives venue, potentially increasing engagement with Solana’s leveraged capabilities.
The development comes as Solana’s market participants weigh the potential impact on SOL’s price, particularly in light of recent increased onchain activity and a notable rise in the burning of SOL tokens. Market pricing suggests that the integration could contribute to a positive sentiment around Solana, although the effect is moderated by the news originating from a Tier 3 source. Currently, the prediction market on whether Solana will reach $160 in August shows limited optimism, with a mere 0.8% YES probability.
Key Takeaways The integration of PhoenixTrade Perps into Solflare’s mobile wallet suggests enhanced access to Solana’s leveraged markets. Market pricing implies a cautious stance on Solana reaching higher price targets in August, reflecting moderate impact from this development. Recent Solana ecosystem activity, including high token burn rates, appears consistent with increased utility and engagement. What to Watch Observers should monitor any shifts in Solana’s price movements and volumes in response to this integration. Key actors to watch include Solana Labs and Solana Foundation, which might provide further updates or enhancements to the ecosystem. Additionally, developments related to ETF approvals or institutional adoption could further influence Solana’s market sentiment, potentially aligning with a YES outcome for higher price targets.
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Term Structure
Contract Odds Δ since publish Volume 24h September 1 2026 0.9% — — View market → September 1 2026 1.6% — — View market → September 1 2026 3.8% — — View market → September 1 2026 11.8% — — View market → September 1 2026 2.7% — — View market → September 1 2026 0.9% — — View market → September 1 2026 0.5% — — View market → September 1 2026 0.1% — — View market → September 1 2026 2.7% — — View market → September 1 2026 25.3% — — View market → September 1 2026 0.1% — — View market → September 1 2026 10% — — View market →
Whale’s short positions, which first set 10 major price targets, may see their unrealized losses expand to $6.88 million.
As Bitcoin rebounds to hit the $80,000 mark, the massive short positions in Bitcoin and Ethereum held by the whale codenamed "Set 10 Big Goals First" may return to loss if they retain their original positions. The open positions are as follows: - BTC short positions: 1,830.724 BTC, worth approximately $139 million, average entry price $76,397.56 - ETH short positions: 12,756.739 ETH, worth approximately $30.25 million, average entry price $2,371.57 Based on current BTC price of $79,300 and ETH price of $2,499, the total unrealized loss on the whale's address could reach $6.88 million. The whale has previously resumed live trading on Binance but is currently in an invisible status, making it impossible to confirm whether the trader has closed positions to stop loss.
17 minutes ago
Scott Bessent plans to take aggressive measures to push the 10-year U.S. Treasury yield to 5%.
According to Fox Business News, Wall Street executives stated that U.S. Treasury Secretary Scott Bessent is preparing to take aggressive measures to push the 10-year U.S. Treasury yield to around 5%. The Trump administration is not expected to pursue fiscal austerity policies, but instead aims to reduce debt via tax increases. Earlier reports noted that Bessent is eyeing the trillion-dollar "emergency fund pool" to cover U.S. Treasury obligations, leveraging the powerful tool of the Treasury General Account (TGA) to influence long-term bond yields.
17 minutes ago
Coinbase will list spot trading for BASECAT and DRB.
Coinbase to Launch Spot Trading for Basecat (BASECAT) and DebtReliefBot (DRB). If liquidity conditions are met and trading is supported in relevant regions, the BASECAT-USD and DRB-USD trading pairs will open today.
17 minutes ago
US-listed crypto-related stocks rose across the board, with Strategy up 5.1% and BitMine surging 7.47%.
According to market data from BIT (bit.com), as Bitcoin hit $80,000, all US-listed crypto-related stocks rallied, with details as follows: Strategy (MSTR) rose 5.1%; Coinbase (COIN) fell 1.1%; Circle (CRCL) gained 1.57%; BitMine Immersion (BMNR) surged 7.47%; SharpLink Gaming (SBET) increased 5.88%; HYPE Treasury Co. (PURR) climbed 2.41%.
17 minutes ago
Maji opens BTC rolling positions, adds an additional $12 million in long positions, bringing total position size to approximately $87.44 million.
According to TradingBeats' monitoring, after Bitcoin returned to the $80,000 level for the first time in 101 days, "Big Brother Machi" Huang Licheng began rolling over his long positions, adding $12 million in long trades in just under 10 minutes. His current holdings are as follows: BTC long positions: ~$87.44 million, with an unrealized profit of ~$50,000, entry price of $79,449.30, liquidation price of $72,419.26; ETH long positions: ~$57.40 million, unrealized profit of ~$2.49 million, entry price of $2,392.66, liquidation price of $2,159.41; HYPE long positions: ~$19.39 million, unrealized loss of ~$80,000, entry price of $79.46, liquidation price of $46.14; PUMP long positions: ~$14.69 million, unrealized loss of ~$740,000.
17 minutes ago
Robinhood ecosystem token PONS briefly surged past $83 million in market capitalization, hitting an all-time high.
According to GMGN monitoring, the ecosystem token PONS on Robinhood Chain briefly broke through $83 million in market capitalization, hitting an all-time high. It is currently trading at $79.5 million, up 93.1% in the past 24 hours, with around $18.8 million in trading volume over the same period. PONS is the platform token of Pons, a native token issuance platform on Robinhood Chain. The platform supports the creation and issuance of fixed-supply tokens, uses the collected WETH fees to repurchase PONS, and directly burns the collected PONS fees. Some in the community regard it as the Pump.fun on Robinhood Chain. BlockBeats reminds users that token prices are highly volatile, so investment requires caution.
Solana tokenomics proposals SGP-002 and SGP-003 are now open, with $SOL stakeholders casting their votes on two critical changes to network inflation and resource fees.
While initial votes lean heavily towards approving both proposals with flying colors, critics have become more vocal in arguing against SGP-002 and SGP-003.
Why are the experts divided on proposals theoretically designed to make $SOL more valuable?
Solana Governance Proposals Go Live Solana’s stakeholders are once again heading to the ballot boxes to express their views on $SOL inflation and tokenomics design.
Authored by Helius’ _lostin_, SGP-002 suggests doubling $SOL’s disinflationary rate, bringing the network to its terminal inflation rate of 1.5% p.a. ~3 years early. Simultaneously, Temporal’s cavemanloverboy has floated SGP-003, which proposes introducing a resource fee designed to make Solana programs more efficient and implement a $SOL value accrual mechanic.
With both votes scheduled to run until the end of epoch 1024, or roughly September 28, onchain data suggests both proposals will pass in a landslide. While both SGP-002 and SGP-003 are far from reaching the 33% of stake quorum, over 96% of early voters have responded in favor of the proposals.
However, as we’ve seen previously, early voting behavior is hardly an indicator of final outcomes. SIMD-0228, an earlier governance proposal deliberately new $SOL issuance mechanics, received strong initial support, before a flurry of late voters overturned the vote, which ultimately failed.
Ellipsis Labs CEO Pushes Back on SGP-003 With SGP-003 finally being put to a vote, many of the proposal’s critics have reinforced their arguments against the suggested resource fee. Speaking out against SGP-003, Ellipsis Labs CEO Eugene Chen asserted that introducing a resource fee will make Solana a “worse home for applications”.
Chen, CEO of the firm behind Phoenix Perps and SolFi, the network’s first major prop AMM, argues that the proposal penalizes applications the author deems a “a poor use of blockspace”. By adding a fee that scales based on the complexity and resource-intensiveness, one could argue that the network discourages developers and engineers from building creative and complex applications.
Speaking with SolanaFloor, SGP-003 author cavemanloverboy asserts that the onus is then simply on developers and engineers to write more efficient code. His sentiments were further echoed by ex-Flash Trade engineer Busy Panda, who opined that Solana needs a resource fee mechanic to ensure block space is correctly optimized.
Manifest has also expressed opposition towards SGP-003. According to Solana’s leading spot CLOB DEX, the proposal favors prop AMM architecture and could result in more onchain security risks by forcing developers to write more complex code.
Stakeholders Express Concerns Over “Lost Income” As for SGP-002, pockets of Solana’s validator community are voicing their concerns over the impacts of doubling network disinflation. While much of the Solana community has expressed resounding support for any proposal that will lower $SOL inflation, validators argue this change comes at the direct expense of those providing the network security we all rely upon.
Triton’s Brian Long recently shared a series of arguments against SGP-002 and the proposed acceleration of Solana’s disinflation rate, citing lost stakeholder income as a potential risk to validators. Long asserts the proposal forces validators to give up income for the sake of a speculative attempt to increase price.
Helius CEO Mert Mumtaz pushed back on Long’s arguments, claiming they are mathematically incorrect and positioning it as a Trojan Horse to justify “extracting more value from users” in the name of “economic rationality”.
Ultimately, the raging debates around both proposals highlight one of the core features of blockchain governance. Everyone has self-serving interests, and these can either support or inhibit the chain’s development and progress.
Validators rightly don’t want to suffer a loss of income, and developers and engineers don’t want to pay higher fees in order to run existing programs. Neither of these positions is unreasonable, but both can be seen as counterproductive to the more popular desire among $SOL holders to try and increase the asset’s markets.
Under Solana’s new governance mechanics, stakers are now able to override validators and vote on these proposals directly. Regardless of your views, every $SOL staker owes it to themselves to learn the ins and outs of each proposal and ensure that their votes reflect their views.
Solana’s decentralized application ecosystem pulled in $35 million in revenue last week, the highest weekly total in 29 weeks. The last time the network’s apps hit a comparable mark was back in early February, making this a notable rebound after months of more modest figures.
Where the money is coming from Pump.fun, the memecoin launchpad that has become synonymous with Solana’s consumer-facing identity, has been generating between $8 million and $12 million in revenue over recent seven-day periods. The platform’s lifetime revenue has now crossed the $1 billion mark.
DeFi protocols Jupiter and Raydium continue to serve as the network’s trading backbone. Jupiter, Solana’s leading aggregator, routes swaps across the ecosystem’s liquidity pools, while Raydium provides the automated market-making infrastructure that underpins much of the network’s trading volume.
Revenue concentration among the top applications is striking, with the top-performing apps claiming 60–78% of total revenue, according to analytics from DeFiLlama and SolanaFloor.
Solana’s sustained lead over other chains In Q2 2026, Solana dApps collectively earned $257 million, maintaining the network’s position as the top-revenue blockchain for the ninth consecutive quarter across both Layer 1 and Layer 2 networks. Solana captured roughly 41% of total Web3 dApp revenue during that stretch.
Monthly figures during peak periods earlier in 2026 surpassed $100 million. Weekly revenues showed meaningful volatility throughout the year, ranging from around $16.94 million during quieter stretches in April and May to peaks approaching $50 million during standout weeks.
Memecoins as an economic engine Memecoin launches and trading activity, facilitated primarily through Pump.fun, represent a massive chunk of Solana’s application economics. Trading activity generates fees for validators, creates volume for DEX protocols like Raydium, and drives swap transactions through Jupiter.
What to watch going forward Revenue concentration among a small number of applications means the ecosystem’s headline metrics are vulnerable to idiosyncratic shocks. Weekly revenues fluctuating between $16.94 million and $50 million within a single year underscores how quickly conditions can shift.
Network fees generated by high transaction volumes flow to validators and stakers, creating a direct economic link between application activity and token value. Nine consecutive quarters of revenue leadership is the kind of consistency that tends to attract institutional attention.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana is preparing to flip the switch on Transaction v1, a protocol upgrade heading to testnet in the coming weeks that triples the maximum transaction size. The change takes the ceiling from 1,232 bytes to 4,096 bytes, clearing the way for operations that previously had to be split across multiple transactions or stitched together with workarounds.
What’s actually changing The upgrade is defined across two Solana Improvement Documents: SIMD-0296 and SIMD-0385. Together, they redesign how transactions are structured at the protocol level.
Transaction v1 introduces a new version byte (0x81) and moves compute and priority-fee configurations into a fixed header mask. That’s a fancy way of saying resource limits get baked directly into the transaction header instead of being handled separately, which should streamline how validators process each transaction.
The bigger payload capacity unlocks several use cases that were previously painful or impossible to execute atomically. Zero-knowledge proofs, large multisig transactions, and BLS signature schemes can now fit inside a single transaction rather than relying on lookup tables or bundling tricks to piece things together.
Address Lookup Tables, the compression tool Solana introduced to squeeze more accounts into legacy-sized transactions, are being removed in the new format. Analysis from mid-August 2026 suggests the transition is smoother than it might appear. Roughly 62% of sampled v0 transactions were using ALTs, yet most of those transactions fit comfortably within the new 4,096-byte limit when converted to v1 format, with a median excess of approximately 420 bytes to spare.
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Timeline and testing status The testnet launch is targeted for late August 2026. Local testing has been available for a while through solana-test-validator version 4.2 and above, along with tools like Surfpool.
Preliminary feature-gated improvements for mainnet kicked off on August 17, 2026 as part of the Agave 4.2 client release cycle. That means the groundwork is already being laid for an eventual mainnet deployment, though the testnet phase will come first to shake out any issues.
Legacy transactions and the current v0 format will continue to work without modification. This isn’t a forced migration. Developers and applications that don’t need the extra capacity can keep doing exactly what they’re doing.
That said, indexers and infrastructure services will need to adapt. The new transaction serialization format means any tool that parses raw transactions, block explorers, analytics platforms, RPC providers, needs to understand the v1 structure.
Why this matters for Solana’s architecture The 1,232-byte transaction limit dates back to the network’s early design decisions around UDP packet sizes and later QUIC networking protocols adopted post-2022. While the limit helped keep the network fast, it also forced developers into creative contortions when building anything complex.
DeFi protocols sometimes had to break a single logical operation into multiple transactions. Multisig wallets with many signers bumped up against the ceiling regularly. And zero-knowledge applications, which produce proofs that simply don’t fit in 1,232 bytes, required workarounds.
Transaction v1 doesn’t solve every scaling challenge Solana faces, but it removes a bottleneck that was becoming more noticeable as applications grew more sophisticated. The 3.3x increase gives developers meaningfully more room without fundamentally changing the network’s performance characteristics.
What to watch next Developers building on Solana should be watching how their existing transaction patterns translate to the new format, especially if they currently rely on Address Lookup Tables. While the data suggests most workloads will port cleanly, edge cases always exist.
The gap between testnet activation and mainnet deployment will be the window to watch. If that transition happens without major incidents, it validates Solana’s approach of embedding resource limits directly into transaction headers.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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.
Bitwise Asset Management took in more than $1.8 billion of new money in the first half of 2026, chief executive Hunter Horsley said Sunday. Crypto prices fell through most of it.
Tom Lee called the result outstanding. However, the money did not chase prices, as three of the four Bitwise product lines behind that total pay investors an income instead.
Why Lee Called It OutstandingHorsley posted the figure on Sunday. Net inflows measure new money in, minus money pulled out.
In H1 of this year, amidst a bear market, investors put over $1,800,000,000 into Bitwise products (“net inflows”),” the Bitwise executive shared.
Tom Lee, co-founder and head of research at Fundstrat Global Advisors, commented, lauding the team for growing significantly despite bearing market conditions.
— Thomas (Tom) Lee (not drummer) FundstratDirect.com (@fundstrat) August 23, 2026
Lee has stayed bullish through the slump. He ranked 17 crypto stocks earlier this week. Bitcoin (BTC) traded near $77,403 on Sunday, little changed.
What the Money Actually BoughtHorsley said four franchises each drew over $100 million. They were:
ETFs and ETPs (exchange-traded funds and products)
Private strategies
Staking, and
Vaults.
Three of them pay a yield. Bitwise numbers show how much.
Its vault, opened in January with the onchain lender Morpho, targets about 6% a year on stablecoins. Its tokenized Crypto Carry Fund held $259 million by late May and yielded 4%.
Carry sounds complex but is simple. The fund buys crypto, sells futures against it, and keeps the gap.
Staking drew the fastest money. Bitwise’s Solana staking fund passed $500 million just 18 days after listing last November. Rivals now rush to put Ethereum yield in ETPs.
The Fund That Sells Price Alone ShrankOne Bitwise product pays nothing. The Bitwise 10 Crypto Index ETF (BITW) holds a basket of large tokens. Bitcoin and ether are about 91% of it.
Its filings tell the story. Net assets fell from $1.03 billion on December 31 to $678 million on March 31. That is 34% gone in three months.
Two forces did it. Price per share dropped 24%. Investors also cashed out 2.25 million shares, about 13% of the fund.
Cost was not the reason. Bitwise had just cut the fee from 2.50% to 0.75% when the fund joined NYSE Arca in December. The same fund gained 94.8% in 2024.
Staff felt it too. A Bitwise workforce reduction on August 12 cut headcount from roughly 180 to 155.
Net inflows count deposits, not gains. Inside Bitwise, investors paid for yield and walked away from price.
Data from Token Terminal shows that over the past seven days, the total supply of stablecoins issued by Circle rose by $1.7 billion, nearly five times the $357.3 million increment of assets issued by Ripple. Stablecoins from Tether increased by $202.2 million, placing Tether third among stablecoin issuers by increment. Turning to public chains, Tron recorded the largest growth in stablecoin market cap, adding $950 million over the period; HyperEVM and Solana saw gains of $614.7 million and $407.4 million respectively, bringing the combined increment for the three chains to $1.97 billion.
Solana has reduced its mainnet slot time from 400 milliseconds to 350 milliseconds, marking the first such change since the network launched. , and represents a meaningful step in the network's push toward faster block production.
What Changed and Why It Matters , which has a direct impact on everyday users waiting for their transactions to settle. As a knock-on effect, epochs now last roughly 42 hours rather than the previous 48, and validators rotate block-production duties every 1.4 seconds instead of every 1.6 seconds.
A Phased Road to 200ms
The slot time reductions are also happening alongside a broader consensus overhaul.
Solana Foundation Vice President of Technology Jacob Creech confirmed the milestone,
Sources
Crypto.news: Solana cuts slot time to 350ms for first time since network launch
Solana.com: Reduced Slot Times upgrade overview
FinanceFeeds: Solana Cuts Slot Time to 350ms, Targets 200ms Next
Solana (SOL) edges lower to $94 on Monday, following a 27% rebound last week to a two-month high. SOL-focused Exchange Traded Funds (ETFs) recorded four consecutive days of inflows last week, totaling $28.34 million, suggesting renewed institutional buying. Validator voting on multiple proposals started on Monday, which includes doubling the disinflation rate to 30%.
Solana validator voting beginsSolana validators have begun voting on SGP 1, SGP 2, and SGP 3 proposals, with voting ending Thursday. The SGP 1 protocol addresses the ratification of the Solana Constitution to govern Solana’s network-level decision-making. SGP 2 proposes reducing the inflation rate by increasing the disinflation rate to -15% to -30%. Finally, SGP 3 plans to introduce a fixed base inclusion fee paid to the block leader and a resource fee with a requested transaction cost, which will be burned.
Taken together, the proposals will restructure on-chain decision-making and reduce pressure on available supply.
Solana ETFs regain strengthSolana regains institutional demand. SoSoValue data shows the SOL-focused ETFs recorded $28.34 million in inflows last week, the highest over the last two months. Typically, renewed buying from institutional investors implies a bullish trend reversal.
SOL ETFs data. Source: SosovalueTechnical outlook: Will SOL price cross above $100?Solana trades around $94 on Monday, holding a bullish near-term bias above both the 50-day Exponential Moving Average (EMA) at $79.04 and the 200-day EMA at $92.67. SOL price remains capped below the $100 psychological level and the May 11 high of $98.41.
For a sustained recovery, SOL should confirm a decisive close above the $100 mark. This could open the path toward the 127.2% Fibonacci extension level of the $98.41 to $60.13 downswing at $112.52.
Momentum stays strong, with the Relative Strength Index (RSI) hovering in overbought territory near 79 on the daily chart. At the same time, the Moving Average Convergence Divergence (MACD) shows a steady upward trend with a positive histogram, suggesting that buying pressure remains dominant.
SOL/USDT daily price chart.On the downside, initial support is seen at the 200-day EMA around $92.67, followed by the 78.6% retracement near $88.56. Deeper declines would expose the 50-day EMA at $79.04 and the 50% retracement at $76.92.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Solana has emerged as the leading blockchain for the deployment of tokenized stocks within decentralized finance (DeFi), according to a report from Token Terminal on social media. The report highlights that Solana hosts $75.4 million in DeFi deposits related to tokenized stocks, making it the dominant player in this niche market. This development further cements Solana’s competitive position as a key player in the layer-1 blockchain space, known for its robust DeFi ecosystem. With approximately 64.5% of the total tokenized-stock deposits, Solana surpasses other platforms like Ethereum, BNB Chain, and Base.
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Key Takeaways Solana appears to dominate the tokenized-stock DeFi market, with $75.4 million in deposits. This leadership is consistent with Solana’s reputation as a major layer-1 blockchain for DeFi activities. Market activity suggests that Solana’s prominence in tokenized stocks could influence its overall valuation. What to Watch Markets will be closely monitoring any new developments around Solana’s ecosystem that might impact its DeFi activities and potential valuation shifts. Key actors such as Solana Labs and major asset managers could play pivotal roles in furthering its adoption. Additionally, regulatory updates, especially those concerning tokenized assets and DeFi, could affect Solana’s market dynamics and pricing trends.
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Term Structure
Contract Odds Δ since publish Volume 24h September 1 2026 0.7% — — View market → September 1 2026 1.6% — — View market → September 1 2026 5.2% — — View market → September 1 2026 8.3% — — View market → September 1 2026 3.9% — — View market → September 1 2026 0.9% — — View market → September 1 2026 0.8% — — View market → September 1 2026 0.1% — — View market → September 1 2026 2.1% — — View market → September 1 2026 22.7% — — View market → September 1 2026 0.1% — — View market → September 1 2026 17% — — View market →
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Solana's RWA value has surpassed $4 billion, a new ATH for the network. The increase comes as the total supply of tokenized equities on Solana continues to grow.
This growth remains significant as what began as a negligible market in early 2024 has become a multibillion-dollar ecosystem spanning tokenized Treasuries, public equities, private credit, reinsurance, sovereign debt, commodities, liquidity funds, and stablecoin settlement infrastructure.
Tokenized equities are where Solana's RWA growth is accelerating fastest. As of late July 2026, 97% of all onchain tokenized equities spot volume to date had settled on Solana. This reflects Solana's increasing role as a leading venue for tokenized equity distribution and secondary activity.
RWA value doublesOne of the defining industry trends over the past year has been the growth of RWAs, with Solana sustaining its momentum. The recent increase of RWA value to $4 billion marks a nearly 100% increase from that seen at Q1 close. Solana non-stablecoin RWA value doubled, rising from $2.01 billion at the end of Q1 2026 to a current $4 billion.
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Solana currently has 347,944 RWA holders according to rwa.xyz data. The network has become a significant venue for tokenized Treasury products, with several large global issuers already on it.
These include Circle's USYC tokenized money market fund, one of the largest tokenized Treasury products worldwide, which launched on Solana in October 2025.
Others include BlackRock's BUIDL, the USD Institutional Digital Liquidity Fund, which expanded to Solana in March 2025 through Securitize.
Ondo Finance runs two Treasury-linked products on Solana. USDY is a tokenized note backed by short-term U.S. Treasuries and bank demand deposits, and OUSG provides exposure to short-term U.S. government bonds and is backed significantly by BlackRock's BUIDL fund.
VanEck's VBILL, a short-term U.S. Treasury product, launched on Solana in May 2025 via Securitize. Franklin Templeton's BENJI, the token of the Franklin OnChain U.S. Government Money Fund (FOBXX), the first U.S.-registered mutual fund to use a public blockchain as its system of record, launched on Solana in February 2025.
GANA Foundation exits the market, Eiden Liu announces the launch of a personal compensation scheme.
Due to the withdrawal of the original GANA Foundation, Eiden Liu announced he has left the foundation and will launch a compensation plan in his personal capacity, voluntarily taking on relevant liability with the goal of achieving 100% compensation. The first phase of the plan is expected to involve around 20,000 addresses; subsequent verifications will be conducted gradually based on on-chain real data, with compensation disbursed in batches. The overall compensation period is tentatively set at 2 to 3 years. Eiden Liu noted that while the foundation has withdrawn, the responsibility remains, and he will continue to fulfill relevant obligations through concrete actions.
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Federal Reserve's Kashkari downplays concerns over the rise in US Treasury yields, stating that the Treasury market is still functioning normally.
Federal Reserve’s Kashkari downplayed market concerns over rising U.S. Treasury yields, saying the market is functioning well and the recent surge is unlikely to impact monetary policy discussions. Kashkari stated on Sunday: “All signs show the U.S. Treasury market is operating normally, trading is proceeding smoothly, and market liquidity is sufficient, so we can use the federal funds rate as the primary policy tool to curb inflation.” U.S. Treasury yields across all maturities rose last week, with the benchmark 10-year yield closing around 4.73%. The 30-year yield held near its highest level since 2007. Kashkari added that while current Treasury yields are high compared to recent historical levels, yields were much higher in the 1990s. “We need more data, but I don’t want to prejudge the outcome of the next meeting. However, I currently don’t think inflation will fall back to the target level in the short term.”
5 hours ago
Iran's parliament approves charging service fees to vessels passing through the Strait of Hormuz.
According to Iran's Mehr News Agency, Hassan Kashkavi, spokesperson for the National Security and Foreign Policy Commission of Iran's parliament, announced on Sunday that the commission has adopted Article 3 of the Strategic Action Plan for Ensuring Security and Development of the Strait of Hormuz. Kashkavi stated: "Under this clause, we will charge fees for provided maritime services, environmental services, fuel supply in special circumstances, insurance, security, and other related services." These fees will be levied on vessels of countries granted passage through the Strait of Hormuz, payable in Iranian rials or other currencies designated by the Islamic Republic of Iran. Kashkavi emphasized that the rights of countries along the Strait of Hormuz must be prioritized, noting that international laws and regulations not only recognize freedom of navigation but also stress respect for the security and sovereignty of coastal states and the prevention of infringements on these rights.
5 hours ago
ACE Robotics: Embodied intelligence is likely to reach its 'ChatGPT moment' by the end of 2027, with data bottlenecks serving as a key variable.
Wang Xiaogang, chairman of Chinese embodied intelligence startup ACE Robotics (Daxiao Robotics), told Reuters in an interview: "We expect that by the end of next year, driven by world models and environmental data capture, embodied intelligence will usher in its ChatGPT moment." ACE Robotics, backed by Ant Group and SenseTime, raised over $100 million in the first half of 2026 and plans to launch an IPO "as soon as regulatory approval is obtained." Wang noted that current robots still struggle to reliably perform a wide range of tasks in unfamiliar environments, with the core constraint not being algorithms but a severe shortage of training data. "The entire industry has accumulated only around 100,000 hours of data over the past few years, which is far insufficient to train embodied foundation models." ACE Robotics plans to collect tens of millions of hours of real-world environmental data within two years and deploy its technology to 1,000 stores over the next year. At the industry level, Boston Dynamics released the mass-produced version of its Atlas robot in January, claiming AI has brought it closer to commercial deployment; Alibaba launched the Qwen-Robot Suite robot model kit in June, while researchers are also testing data collection schemes such as the HumanoidExo exoskeleton. The competition in embodied intelligence is shifting from hardware prototypes to a dual race in data scale and model capabilities.
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US and South Korean Stock Previews for Monday: Samsung Expected to Open Down ~3%, US Stocks Set for Near-Flat Pre-Market Trading
During the weekend when traditional financial markets are closed, Trade.xyz—dubbed the "on-chain Nasdaq"—enables continuous trading and real-time price discovery via perpetual contracts, capabilities unavailable in traditional finance, to price in advance the performance of U.S. and South Korean stocks on Monday. Popular U.S. stock assets on Trade.xyz saw limited volatility compared to Friday’s after-hours trading, and are expected to open roughly flat on Monday. Their weekend performance is as follows: SpaceX: $135.35 (vs. $136.75 in U.S. after-hours trading Friday); Micron (MU): $964.68 (vs. $963.2 Friday after-hours); SanDisk (SNDK): $1597.4 (vs. $1593.2); NVIDIA: $218.6 (vs. $215.38); Marvell Technology (MRVL): $235.85 (vs. $236.1); Intel: $89.426 (vs. $89.86); Google: $344.76 (vs. $342.15); AMD: $471.66 (vs. $472.45). Popular South Korean stocks on Trade.xyz have mixed performance relative to Friday’s closing prices. Samsung Electronics is expected to open roughly 3% lower on Monday, while SK Hynix is seeing a slight gain. Their weekend performance is as follows: Samsung Electronics: $195.64 (vs. $203 Friday close); SK Hynix: $1262 (vs. $1248 Friday close).
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TRUMP crypto token surges over 22.4% in 24 hours, while MELANIA gains more than 10.53% in the same period.
According to HTX market data, US presidential-themed meme coins continue to surge. Specifically: TRUMP rose over 22.4% in 24 hours, breaking through $2.9; MELANIA gained more than 10.53% in the same period, with its market cap exceeding $117 million. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.
Solana’s real-world asset (RWA) value has climbed above $4 billion, reaching an all-time high for the blockchain network. This milestone comes as Solana records substantial growth in the total supply of tokenized equities on its platform.
Rapid expansion of RWAs on SolanaThe RWA market on Solana, which was relatively small at the start of 2024, has quickly expanded into a multibillion-dollar ecosystem. The network now encompasses tokenized U.S. Treasuries, public equities, private credit, reinsurance, sovereign debt, commodities, liquidity funds, and stablecoin settlement solutions.
Tokenized equities are currently driving the fastest growth in Solana’s RWA sector. By late July 2026, 97% of all onchain tokenized equities spot volume had settled on Solana. This shift underlines Solana’s rising position as a primary platform for distributing tokenized equities and facilitating their secondary trading.
By late July 2026, 97% of all onchain tokenized equities spot activity had taken place on Solana, confirming the network’s status as a leading venue for both primary distribution and secondary market trades.
The surge in RWA value has pushed Solana to nearly double its non-stablecoin RWA amount, moving from $2.01 billion at the end of Q1 2026 to $4 billion. This nearly 100% rise highlights Solana’s sustained momentum in integrating real-world assets into its blockchain infrastructure.
Key RWA products and ecosystem participantsAccording to data from rwa.xyz, Solana currently serves 347,944 RWA holders. The network has established itself as a major venue for tokenized Treasury products, partnering with several leading global financial institutions.
Circle, a global fintech firm, introduced the USYC tokenized money market fund on Solana in October 2025. USYC has since become one of the largest tokenized Treasury products worldwide.
BlackRock, a leading asset management company, expanded its USD Institutional Digital Liquidity Fund, known as BUIDL, to Solana in March 2025 through Securitize, a digital asset issuance platform.
Ondo Finance, a decentralized finance platform focused on tokenized securities, operates two Treasury-linked products on Solana: USDY, a note backed by short-term U.S. Treasuries and U.S. bank deposits, and OUSG, a token giving holders exposure to short-term U.S. government bonds while being significantly supported by BlackRock’s BUIDL.
Mini dictionary: Tokenized Treasury products are digital representations of government-issued fixed income securities created and managed on public blockchains, allowing onchain investors to access traditional financial assets with features such as instant settlement and round-the-clock trading.
VanEck launched its short-term U.S. Treasury product, VBILL, on Solana in May 2025 via Securitize. Franklin Templeton’s BENJI token, tied to the Franklin OnChain U.S. Government Money Fund (FOBXX), marked a milestone as the first U.S.-registered mutual fund to use a public blockchain as its official record-keeping system, launching on Solana in February 2025.
ProductIssuerLaunched on SolanaUnderlying AssetUSYCCircleOctober 2025Money Market FundBUIDLBlackRockMarch 2025US Dollar Liquidity FundUSDYOndo Finance2025Short-term U.S. Treasuries & Bank DepositsOUSGOndo Finance2025Short-term U.S. Government BondsVBILLVanEckMay 2025Short-term U.S. TreasuriesBENJIFranklin TempletonFebruary 2025U.S. Govt Money Market FundDisclaimer: 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.
CyberLeek claims it will trigger an automatic worldwide release of a playable GTA VI build if legal action forces the group offline, even as its associated meme coin explodes 1,400%.
A fact-check has since found that the key piece of evidence behind that specific threat was fabricated.
CyberLeek (CYBERLEEK) Price Performance. Source: CoinGeckoWhat CyberLeek Claims and What’s Been DebunkedAccording to initial reports, complete copies of the build have already been distributed across global servers and hard drives, ready to be deployed automatically if it faces legal action or is shut down.
A leaked clip showing the protagonist, Jason, firing bullets into a wall to spell “LEEK” strongly suggests real-time control of an in-development version rather than pre-recorded footage. Additional clips have shown flying sequences over Vice City, high-speed driving, combat, and map details from the Leonida setting.
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The GTA 6 leaker, who goes by CyberLeek on social media, posted an alleged gameplay video in which Jason Duval shoots at a wall. The bullet marks spell out “LEEK,” seemingly proving that the hacker has access to a playable build.
CyberLeek has claimed to be doing this for the… pic.twitter.com/QXXaROi7mU
— GameSpot (@GameSpot) August 20, 2026
CyberLeek frames its actions as a protest against digital-only releases, “fake” single-player DLC, and the loss of offline access after server shutdowns.
A recent fact-check found that the specific “Notice to Rockstar” screenshot, cited as proof of the automatic release threat, does not appear on CyberLeek’s actual website and is considered fabricated.
Take-Two’s lawyers have escalated their legal response accordingly. A New York federal judge already approved subpoenas compelling Microsoft and Discord to hand over account and device data tied to the CyberLeek persona by September 4, and the company has since issued a similar subpoena to X, seeking to unmask the account behind the leaks.
Take-Two lawyers have issued a subpoena in a New York District Court to @X in order to identify the person behind Cyberleek.
Mind you, Cyberleek has stated he doesn’t operate anywhere on Twitter. These are fake accounts. pic.twitter.com/0URjDte3H3
— GTA 6 Info (@GTASixInfo) August 23, 2026
Why the Meme Coin Is Drawing ScrutinyAlongside the leaks, the associated Solana-based meme coin, CYBERLEEK, exploded in value. Launched around August 15, shortly before the first major footage dropped, the token has seen multiple surges driven by viral attention.
Early pumps exceeded 5,000% in short periods, with recent 24-hour gains surpassing 1,400%. Market cap has climbed from near-zero levels to $22 million amid heavy trading volume, with trading volume often exceeding $112 million, according to CoinGecko data.
Videos watermarked with QR codes and calls to buy the token link the hype directly to the leaks. Holders have even voted with CYBERLEEK donations to decide the next content drop, tying continued leaks to trading activity.
Critics, including consumer advocacy groups, have labeled the campaign a pump-and-dump scheme exploiting GTA VI excitement.
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Imagine having all the leaks of the most expected game oat
And you decide to launch a token just for not even being able to push it above $1M Mcap
Either the account is fake or this $CYBERLEEK is just a straight scam pic.twitter.com/kKqtsSsnbh
— StarPlatinum (@StarPlatinum_) August 20, 2026
Rockstar’s official Extended Look is scheduled for August 27 on Netflix, with the full game still set for November 19, 2026, on consoles.
As legal pressure mounts and speculation swirls, the dual narrative of high-stakes leaks and crypto frenzy continues to dominate gaming and crypto communities.
A slot is a tiny window where a validator produces a block. On Friday, Solana shortened it from 400 milliseconds to 350. Nothing spectacular at first glance, except when it happens exactly as the market looks at SOL with interest it hasn’t had for months.
In Brief Solana has reduced its slot time from 400 to 350 milliseconds, with three steps remaining before the final goal of 200 milliseconds. The slot time reduction speeds latency for crypto users without increasing Solana network’s overall capacity. SOL surged above 91 dollars, driven by seven consecutive weeks of ETF inflows and the US Treasury announcement. From 400 to 350 Milliseconds: First Stage of a Four-Step Plan for Solana The mainnet update carried out Friday morning on Solana reduces the target slot time to 350 milliseconds from 400 before. This figure corresponds to the brief period during which a designated validator produces a crypto transaction block. The change is thus part of SIMD-0525, an improvement proposal that charts a course toward an ultimate goal of 200 milliseconds on SOL, which is half the network’s historical time.
However, faster transaction confirmations for crypto users are not a throughput boost. The Solana network does not process more work per second, but simply slices the time differently:
Epochs, these cycles of 432,000 slots, go from about 48 hours to about 42 hours; Validators who control 4 consecutive slots rotate every 1.4 seconds instead of 1.6; A period of 1000 slots, which took 415 seconds before the change, now only takes 368 after. Solana’s SIMD-0525. Three other 50-millisecond steps are planned before reaching the 200 ms targeted by Solana, and each will be activated separately. Even deployment could be suspended if too many validators struggle to produce their blocks within the allotted time. With no date fixed yet, developers want first to observe how the network handles the 350 ms before moving to the next step.
Crypto: a Market Momentum that Falls Perfectly for SOL This technical update on Solana doesn’t come out of nowhere, and coincides with a real resurgence of SOL in the crypto market. The token has climbed over 19% this week, crossing the 94-dollar mark! The highest level in almost three months.
The momentum is not only from the price of SOL, but also from Solana ETFs that have just posted their seventh consecutive week of positive inflows. The week of August 10 to 14 also saw $10.26 million in inflows, the best performance since May 22. Two factors explain this rise:
The US Treasury’s announcement to extend its debt buyback operations, which injected liquidity across the crypto market; The slot-time reduction that served as a positive technical signal for crypto investors already attentive to the Solana ecosystem. The official Solana account didn’t miss the chance to mark the occasion, posting a message celebrating the spirit of builders and innovators who kept building when no one believed. A communication choice that says a lot about the team’s confidence at the very moment price and technical fundamentals finally move in the same direction.
These two technical and financial dynamics remain distinct. The 350-millisecond slot-time on Solana guarantees nothing on the price of SOL, and ETF inflows do not at all predict the success of the three remaining steps towards 200 milliseconds. But for once, both indicators are green at the same time and that is probably the most important.
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Solana has recorded significant gains in the past 24 hours, rising 8.7% to trade at approximately $97.09. The latest upward movement has pushed SOL toward the upper boundary of its extended accumulation range, focusing attention on the $95 to $100 resistance area as a critical technical point. According to Brave New Coin, Solana’s market capitalization stands near $56.56 billion with 24-hour trading volume reaching roughly $6.98 billion.
Key support levels reclaimed, momentum buildsSolana’s recent advance accelerated after regaining support in the $80 to $82 range, a zone that previously acted as a resistance ceiling during past periods of consolidation. Market analyst Big Cheds observed the move back above this region, describing it as an important shift in market structure.
After building support at these levels, SOL quickly advanced toward the $95 to $97 region, leaving the $100 mark as the major immediate resistance point. Should the price face a pullback, technical traders are watching the $88 to $90 band as initial support, with the $80 to $82 area providing a deeper safety net if needed.
Turning the $80 to $82 area back into support signals a meaningful improvement for Solana’s short-term trend as it pushes toward the psychological $100 barrier.
If the $95 resistance is cleared, broader chart analysis identifies $120 as the next target. This level previously served as an important point for both support and resistance and remains on the radar if momentum sustains.
LevelRole$80-$82Major support$88-$90Initial support$95-$100Key resistance$110-$120First upside target$140-$150Higher resistance$200Long-term target202 days of accumulation approach inflection pointMarket commentator Ran Neuner drew attention to the length of Solana’s consolidation, noting SOL spent approximately 202 days moving within its accumulation range. Neuner’s analysis places the upper boundary near $97 to $100, a level now under direct test by the current rally.
A confirmed daily breakout above $100 is seen as the threshold for a significant change, potentially ending the multi-month base formation and accelerating bullish momentum. Technical projections suggest that initial upside would target the $110 to $120 area, while an extension could propel the price into the $140s.
Mini dictionary: Accumulation range, the period when an asset consolidates within a relatively narrow price band, often signaling that large investors are building positions before a potential breakout or downturn.
Solana is testing the upper boundary of a 202-day accumulation range, and a daily close above $100 could trigger a faster uptrend towards higher targets.
Recovery heightens long-term targetsLonger-term chart studies shared by analyst robw00ds highlight the current resistance area as pivotal for Solana’s next major price cycle. For much of 2026, SOL has traded below this level, making a confirmed breakout structurally significant for bullish traders.
If $95 to $100 can be flipped into a solid support base, analysts identify $120 to $140 as the next substantial resistance zone. A subsequent move could position $200 as a long-term target, though reaching this milestone is likely to require a sustained trend over time rather than a single surge.
SOL breaks $90 after extended consolidationThe recent price action also marks the first time in more than three months that Solana has closed above $90. This development signals a departure from the prolonged sideways movement that defined earlier quarters.
As SOL trades near $97, holding above $90 to $92 is crucial for maintaining buyer momentum and keeping pressure on the $100 resistance. A slip below this band may signal the need for further consolidation before another upward attempt.
Bullish outlook takes shapeSolana’s recovery from a multi-month base, alongside its reclaiming of key resistance levels, has created a bullish technical structure. The $95 to $100 range remains the most important boundary to cross decisively. A daily close above $100, paired with a successful retest, would support the view that Solana’s 202-day accumulation range has resolved to the upside, potentially sparking the next phase toward $120 and beyond.
Immediate support: $90-$92.Major support: $80-$82.Key resistance: $95-$100.First upside target: $110-$120.Higher resistance: $140-$150.Long-term bullish target: $200.Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Solana (SOL) recently stabilized near $95 after rebounding from lows around $60, driven by renewed momentum in both price action and network activity. New industry data show Solana capturing the lead in tokenized stock deposits within decentralized finance (DeFi), underlining its growing role in the real-world asset (RWA) market.
Solana Dominates Tokenized Stock DeFi MarketAccording to Token Terminal, Solana currently holds $75.4 million in tokenized stock DeFi deposits, accounting for 64.5% of the market segment tracked by the analytics provider. This places Solana ahead of other leading blockchains such as Ethereum, BNB Chain, and Base in this category, indicating its growing utility in tokenized assets.
Despite this progress, SOL faces key resistance between $99 and $100. Still, on-chain activity has offered a strong signal for traders, reinforcing confidence in recent upward price moves. The $95.13 level, which aligns with the 23.6% Fibonacci retracement, now serves as a dividing line between ongoing consolidation and potential reversal.
Recent market shifts further highlight Solana’s momentum. Over the most recent 30-day period ending August 19, Solana attracted $263 million in RWA inflows, contrasting sharply with Ethereum’s $337 million in outflows over the same timeframe. This $600 million swing does not directly demonstrate investor migration, but it highlights diverging trends between the two ecosystems.
Expansion of Tokenized Assets and DeFi ActivityAs tokenized stocks move beyond basic issuance into lending, liquidity, and collateral markets, their integration into DeFi is expanding. Solana’s low transaction costs and rapid settlement enable smaller positions, frequent transfers, and uninterrupted trading across its ecosystem.
Solana’s total RWA value surpassed $4 billion in August, rising 10.6% over 30 days, while Ethereum’s base held at $17.2 billion with a 1.3% increase over the same period. This strengthens Solana’s narrative, although token price appreciation depends on broader market dynamics.
Tokenized treasuries are also growing on Solana, reaching $1.2 billion after a 16.1% increase over the same period. These products are used for cash management and as collateral by institutional players, with increased liquidity potentially drawing in larger transactions.
Additionally, tokenized stocks generated $5.8 billion in spot decentralized exchange (DEX) volume in the second quarter, with Solana handling about 95% of global on-chain equity DEX activity. This concentration affirms Solana’s network competitiveness, although this activity does not guarantee direct benefits for SOL holders.
While traditional markets rely on complex brokers, a significant transformation is underway as Wall Street transitions to Web3 platforms. Investors are increasingly using services like 1stepSwap to store shares of major U.S. companies, gold, and silver directly in crypto wallets. Through tokenization of RWAs and instant price discovery, these platforms eliminate intermediaries, reshaping how assets are accessed in decentralized markets.
Solana’s protocol currently burns around 650 SOL per day, while issuing nearly 60,000 SOL daily, meaning fee destruction offsets only about 1% of new issuance. With no permanent cap on supply, rising demand for tokenized assets needs to absorb this new supply for significant price impact.
Technical Outlook: Key Levels to WatchSOL is testing the 23.6% Fibonacci retracement at $95.13, a level described by analysts at More Crypto Online as a possible fourth-wave correction after the recent rally from the $70s. If SOL holds above this support, the short-term bullish outlook remains intact, but failure could lead to a move toward $90.69 or even $87.26, the 38.2% and 50% retracement levels respectively.
A sustained breakout above the $99 to $100 resistance zone could open the door for the next leg up, with targets of $114 to $116 in play based on technical projections. On a broader timeframe, some analysts see the potential for SOL to recover toward the $160 to $180 range, provided the price forms higher lows and reclaims pivotal resistance zones, including $100 and higher bands up to $140.
However, a decisive break below the recent correction low near $60 would invalidate bullish technical setups on both daily and weekly charts. Market participants are monitoring the $95.13 and $100 levels for short-term directional cues.
Traders continue to focus on whether SOL can preserve its key support at $95.13 and overcome resistance around $100 in the sessions ahead, with pattern setups shifting quickly as price action evolves.
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 has cut its blockchain slot time to 350 milliseconds, the first reduction of its kind since the network’s inception, according to Solana Foundation vice president of technology Jacob Creech. The change is the opening step in a broader effort to drive the network’s original 400-millisecond slot target down to 200 milliseconds, as reported by Cointelegraph.
First reduction since genesis Creech confirmed the milestone in a post on X, writing, “We’re in a new era of 350ms. Next stop, 300ms.” The adjustment marks the first time Solana has lowered its slot time since the blockchain launched. For a network that has treated speed and low-latency execution as core design principles since genesis, the move carries both technical and symbolic weight, signaling that the foundation sees room to push performance further even after years of operation.
Where slot times stand now According to the Solana slot time explorer, average slot times sat at roughly 360 milliseconds at press time, down from the network’s original 400-millisecond target. Slot time refers to the interval at which the network’s leader schedule rotates, and shorter slots are intended to tighten the gap between when a transaction is submitted and when it is confirmed on-chain, a metric that developers and traders alike watch closely.
A staged roadmap to 200ms In June, the Solana Foundation shared plans to reduce slot times from 400 milliseconds to 200 milliseconds, arguing that the move would improve latency and accelerate confirmations across the network. The reduction is unfolding in 50-millisecond stages: the jump to 350ms is the first, and three further reductions of that size are planned before the network reaches its 200ms goal. The 50-millisecond increments mean the transition will unfold gradually rather than in a single jump to the final target. The shorter slot times are enabled by SIMD-0525, the proposal establishing the change, which was approved and merged on May 14.
Agave v4.2 and what comes next All four stages of the reduction are targeted for mainnet activation in Agave v4.2, a validator client developed by Anza, although the schedule remains tentative. If the full roadmap is completed, Solana’s slot time would be halved from its original 400 milliseconds. The foundation has argued that tighter slots reduce the time between transaction submission and confirmation, a property that matters for payments and high-frequency applications. The change also raises the performance bar for validators, which must process and propagate blocks within a shrinking window. Creech’s “next stop, 300ms” comment signals the follow-on reductions could arrive as the client rollout proceeds.
For additional context, readers can review recent reporting on Solana-related build-pipeline risk and a related BlockchainReporter explainer.
AUTHOR
Peter Mwangi is an accomplished crypto news writer with over three years of experience. He is recognized for producing insightful, well-researched content across major crypto publications. As an expert in blockchain technology, digital assets, and decentralized finance, he can uniquely simplify complex topics into engaging, accessible narratives. His strong storytelling and analytical skills, combined with a passion for continuous learning and collaboration, make him a valuable asset to the BlockchainReporter team.
TLDR: The proposal could cut projected six-year SOL supply by 18.9M tokens, equal to about $1.81B at $95.70. Modeled staking yields could fall from 5.84% now to 4.34% after one year and 2.25% after three years. SGP-0002 needs one-third stake participation and two-thirds support, making it an early governance test. A 30% disinflation rate could bring Solana to its 1.5% inflation floor in 2029 instead of around 2032. Solana has opened an on-chain vote on SGP-0002, putting a token issuance change before validators and stakers. The proposal would double annual disinflation from 15% to 30%, accelerating how quickly new SOL issuance declines without changing the network’s 1.5% inflation floor.
⚡️LATEST: Solana’s proposal to double its disinflation rate from 15% to 30% is now live for governance voting.
If approved, $SOL inflation would fall twice as fast, meaning fewer new tokens entering circulation and less dilution for holders. pic.twitter.com/pPTt5iXQ5p
— CryptosRus (@CryptosR_Us) August 23, 2026
The vote is active under the network’s new stake-weighted governance framework, where validators and native stakers signal support or opposition. Delegators can override their validator’s choice, giving stakers a direct role in the outcome. The decision therefore combines monetary policy with an early governance test.
Solana Vote Puts 18.9M SOL Issuance Cut Before Stakers SGP-0002 is linked to SIMD-0550, authored by Lostin and 0xIchigo of Helius. Their June model placed the inflation rate at 3.82% under the existing schedule. At the current 15% annual disinflation rate, inflation would fall to about 3.24% after one year, reaching the 1.5% floor around the first half of 2032.
Source: X
However, the proposed 30% schedule would move faster. Inflation would decline to roughly 2.86% after one year and reach the same floor around early 2029. That acceleration would reduce cumulative issuance. The model projects total supply of 708.54 million SOL after six years, versus 727.43 million under the current schedule.
The 18.9 million-token difference equals about 2.6% of projected supply. At $95.70 per SOL on Aug. 23, that amount is worth about $1.81 billion. Nonetheless, the proposal does not immediately halve inflation. It only doubles the pace at which the inflation rate declines toward the unchanged long-term floor.
Lower issuance would also reduce staking rewards. At 68% modeled staking participation, nominal yield would fall from about 5.84% currently to 4.34% after one year. The model then places staking yield near 3.00% after two years and 2.25% after three years. Those figures exclude commissions, MEV, and block-related revenue.
Validator economics also weaken gradually. Among 738 validators, two additional operators become unprofitable or move from breakeven after one year. That number rises to 13 after two years and 30 after three years. Still, the authors modeled the overall validator impact as relatively limited.
Lower Staking Yields Put Validator Economics in Focus The economics have already drawn institutional opposition. Nasdaq-listed Solana Company said Aug. 21 that it would vote against SGP-0002. The company supports lower issuance as a long-term goal. However, it argued that changing established economics during the first governance cycle could reduce institutional predictability.
The vote also follows the failed SIMD-228 debate in 2025. That proposal sought dynamic issuance tied to staking participation rather than the existing fixed schedule. About 74% of staked SOL participated. However, only 61.4% of non-abstaining votes supported the proposal, below the required two-thirds threshold.
Under the new SGP process, at least one-third of network stake must participate. Two-thirds of participating stake must then vote in favor for passage. SGP-0002 therefore places two questions before the network. One concerns how quickly SOL dilution should decline, while the other tests whether governance can produce decisive consensus.
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Key Highlights Solana surged approximately 25% within one week, successfully reaching the $90 milestone following the SEC’s introduction of a fresh cryptocurrency regulatory framework More than $4.6 billion worth of short positions faced liquidation across three days, with August 18 marking the 8th most significant single-day liquidation event in cryptocurrency market records The Crypto Fear and Greed Index surged from 36 to 76, transforming market sentiment from neutral territory to greedy levels A critical on-chain indicator — the crossover of 30-day and 50-day moving averages tracking daily active users — previously catalyzed a 70% SOL price increase from $145 to $245 ETF net inflows climbed to $38 million, marking the strongest performance since May, while market observers monitor $83 as a key support zone for potential retracements Solana (SOL) has experienced a remarkable surge of approximately 25% throughout the previous seven-day period, successfully breaking through the $90 threshold for the first time in several months. This significant upward movement occurred in the wake of the U.S. Securities and Exchange Commission unveiling a proposed regulatory structure for digital assets.
Solana (SOL) Price Market activity intensified dramatically, with trading volume jumping nearly 50% to reach $9.5 billion, accounting for approximately 17% of SOL’s total circulating market capitalization. This breakthrough above critical resistance thresholds initiated a domino effect of forced short position closures throughout the cryptocurrency marketplace.
An extraordinary $4.6 billion in bearish positions were eliminated within a span of merely three days. August 18 independently recorded $2.9 billion in liquidations — establishing itself as the 8th most substantial single-day liquidation occurrence in the entire history of cryptocurrency markets.
SOL successfully penetrated both the 200-day exponential moving average (EMA) and two previously established supply zones positioned at $78 and $90. These price levels had served as formidable resistance barriers for an extended period.
On August 21, Solana concluded trading at $93.72, reflecting a daily gain of 6.94%. The Kobeissi Letter, a prominent financial analysis account, highlighted that SOL had climbed above $100 for the first time since February 3rd, characterizing the movement as evidence of accelerating crypto market momentum.
Critical On-Chain Indicator Resurfaces A significant on-chain metric that historically preceded substantial price rallies has emerged once again. The intersection between 30-day and 50-day moving averages measuring daily active users (DAUs) last occurred in June 2025, following which SOL experienced a dramatic climb from $145 to $245 within several months.
This identical crossover pattern has now reappeared within Santiment’s analytical data tracking Solana’s daily active addresses.
Source: Santiment Net inflows into SOL-related ETF products have achieved $38 million — representing the strongest positive measurement recorded since May. This development strengthens the argument that institutional capital is flowing back into the asset.
Market psychology has undergone a dramatic transformation. The Crypto Fear and Greed Index transitioned from approximately 36 (neutral sentiment) to 76 (greedy sentiment) throughout the week.
Technical Levels Under Market Scrutiny The RSI indicator has advanced into overbought conditions following the sharp price appreciation. A substantial upper wick visible on the current candle indicates mounting selling pressure around present price levels.
Source: TradingView Technical analysts are closely monitoring the $83 price level as a probable retracement target should profit-taking intensify. The 200-day EMA is positioned in close proximity and could function as a support mechanism.
Before this week’s breakout, SOL had challenged the $90 level on at least two separate occasions without successfully maintaining it. Thursday’s closing price above this threshold represents the first decisive settlement beyond $90 throughout this timeframe.
Should Solana maintain its position above $90 during upcoming trading sessions, the subsequent technical target zone emerges around the mid-$120s. A failure to hold this level would preserve the existing pattern of declining peaks.
Current market data indicates SOL trading at $91.89, reflecting a 9.15% daily decline, suggesting initial signs of the anticipated pullback are currently materializing.
Solana (SOL), a prominent blockchain platform known for its high-speed and scalable network, surged by 25% over the past week, breaking above the $90 price mark for the first time in months. This sharp rally came after the US Securities and Exchange Commission introduced a new regulatory framework targeting cryptocurrencies.
Massive liquidations upend marketTrading activity in SOL intensified significantly as volume climbed nearly 50%, reaching $9.5 billion. This volume accounts for 17% of the total circulating market value of SOL, reflecting aggressive buying pressure and rising investor interest.
These developments triggered a wave of forced closures for traders betting on a price decrease. Over a three-day span, short positions worth $4.6 billion were liquidated across the crypto market. Notably, August 18 alone registered $2.9 billion in short liquidations, ranking as the eighth-largest single-day liquidation event in the sector’s history.
August 18 saw short positions worth $2.9 billion wiped out, one of the highest daily liquidations ever in the crypto market.
SOL not only broke past its 200-day exponential moving average (EMA), but also overcame long-standing price supply zones at $78 and $90, both previously acting as stubborn resistance. The asset closed at $93.72 on August 21, marking a daily gain of 6.94%.
The Kobeissi Letter, a widely followed financial analysis platform, noted that SOL moved above $100 for the first time since February 3, emphasizing renewed strength and rising momentum across digital assets.
On-chain signals and institutional inflowsA key on-chain indicator has reappeared, one with a track record of preceding rallies. The crossing of 30-day and 50-day moving averages for daily active users was last observed in June 2025, an event previously linked with SOL’s price soaring from $145 to $245 in a matter of months.
This same crossover is evident again according to blockchain analytics firm Santiment, who tracks address activity and user engagement on major blockchain networks.
Mini dictionary: Santiment, an analytics provider specializing in real-time blockchain and on-chain behavior analysis, offers data on metrics such as daily active addresses and sentiment shifts that help assess market dynamics.
Net inflows into SOL-linked exchange-traded fund (ETF) products rose to $38 million, the highest level since May, indicating a return of institutional capital to the network. During this period, the widely watched Crypto Fear and Greed Index climbed from 36 to 76, showing a sharp switch from neutral to highly optimistic investor sentiment.
MetricPrevious ValueCurrent ValueSOL price$73$91.89Trading volume$6.3 billion$9.5 billionETF net inflows–$38 millionFear & Greed Index3676Technical levels and short-term risksTechnical indicators show Solana is now in overbought territory. The daily candle features a considerable upper wick, suggesting increased selling near current levels as some traders take profits.
Analysts are now watching $83 as a potential support zone if a price pullback occurs, with the 200-day EMA also nearby and likely to serve as an additional floor. Before this recent breakout, SOL had previously failed to hold above $90 on two separate occasions. The closing price above that level signals potential for a sustained move higher if buying persists.
Technical analysts are monitoring the $83 support level, with the 200-day EMA closely aligned as further downside protection.
Should Solana manage to stay above $90, technical targets are projected in the mid-$120 range. Failure to hold this price could see the asset return to a pattern of declining highs. As of now, SOL trades at $91.89, down 9.15% on the day, indicating that the anticipated retracement may have begun.
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.
Eric Trump denied that President Donald Trump is preparing to launch a new coin, calling the claim fraudulent in a post that drew 2.1 million views on X.
He responded to a post claiming the President was launching a new coin.
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What a joke… This is absolutely not true. No one is launching any kind of coin. If anyone is suggesting otherwise, it’s a fraud. https://t.co/H0nWXNL8rn
— Eric Trump (@EricTrump) August 22, 2026 Three Trump-Linked Coins Trade Far Below Their PeaksThe denial concerns a new token. Nonetheless, three Trump-linked assets already trade, but their performance has been far from impressive. Each trades sharply below its all-time high.
Official Trump (TRUMP) launched on Solana on January 17, 2025, three days before the second inauguration. It reached $73.43 within two days and has since lost most of its value.
TRUMP set a record low of $1.37 on August 13 and has since climbed about 88%. That rebound tracked a broader market rally.
Performance Of Trump-Linked Tokens. Source: BeInCryptoMelania Meme (MELANIA) followed two days after TRUMP. It now changes hands for around $0.086, about 99% below its peak, with a market value of $86 million.
Trump-backed World Liberty Financial (WLFI) began trading in September 2025 and briefly touched $0.33. Eric Trump also lists it in his X profile. The governance token sits near $0.06, roughly 78% down.
Losses, Senate Scrutiny, and Public OppositionThe declines have had a measurable cost for buyers. Blockchain analytics firm Nansen previously tracked about 1.48 million wallets that bought TRUMP. It counted 988,905 underwater, with $3.81 billion in combined losses.
As of the latest data, the picture has not changed much. Among wallets still holding meaningful TRUMP, the majority are underwater. Nansen data consistently shows ~85–95%+ of held positions at a loss, most clustered near −97% unrealized ROI.
However, the outcome has been different for the President himself. Trump reported more than $1.4 billion in crypto income for 2025. His disclosure listed over $500 million from WLFI sales and more than $600 million through CIC Digital.
Senate Democrats, including Elizabeth Warren and Richard Blumenthal, have pushed for investigations into potential national security risks from Trump’s crypto ties.
Public backlash has also followed. A Reuters/Ipsos poll found 63% of Americans call the profits inappropriate, while 69% said his business interests shape presidential decisions.
Senators face a procedural vote on the CLARITY Act on September 15. One draft provision would bar sitting officials from issuing digital assets, turning Eric Trump’s denial into a legal requirement.
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Solana is trading just above $95 after a sharp recovery from the $60 range, maintaining a positive technical outlook for both the near and longer term, based on Elliott Wave analysis. Charts show that Solana’s recent rebound has preserved critical support, encouraging continued bullish sentiment among analysts.
Wave 4 Correction Shapes Short-Term OutlookFollowing its break above the mid-$70s, Solana has entered a consolidation phase that analysts interpret as a wave 4 correction within the Elliott Wave framework. Recent data places SOL near $95.92, just above the key 23.6% Fibonacci retracement at $95.13, keeping the bullish structure intact for now.
Additional possible support appears at $90.69, marking the 38.2% Fibonacci level, and at $87.26, the 50% retracement. These levels create a broader support area if Solana’s current base fails to hold.
Analysts note that the pullback follows a strong third-wave surge, which took SOL from the upper $70s to around $100. The correction is mapped as an A-B-C pattern, indicating that further downside toward these lower Fibonacci levels remains possible before the present consolidation completes.
Immediate resistance is in the $99 to $100 range. A clear move above this level could signal that buyers have absorbed selling pressure and are ready to refocus on higher targets beyond $100.
If Solana successfully maintains support, technical projections point toward a potential fifth-wave advance, targeting the $114 to $116 area. However, realizing this scenario requires a completed correction and sustained move above local resistance.
For now, Solana’s bullish trajectory appears intact as long as it stays above the identified Fibonacci support. Should $95.13 give way, the risk of a further drop to $90.69 or $87.26 increases, while a recovery past $100 would reinforce the idea of a completed wave 4 and open the path to higher levels.
With price levels at these inflection points, market volatility highlights the importance of fast and efficient access to information. In a market where a single Fed decision or an altcoin listing can instantly affect prices, traders have started turning to privacy-first dashboards such as CryptoAppsy. These platforms offer real-time charts, coin news, smart price alerts, and macro data on a single screen without requiring account creation, enabling rapid reactions and streamlined monitoring.
Long-Term Recovery Eyes $160–$180 TargetsA broader time frame paints a potentially even more optimistic picture. On the weekly chart, Solana recently posted a 26% gain, rebounding from the $60s to near $94. Analyst Rod interprets this as the completion of a major A-B-C correction, with the final low labeled as wave 5 of wave C.
If this Elliott Wave count holds true, the lengthy correction from Solana’s 2025 peaks could be complete, setting up a shift from downward pressure to a phase of accumulation and potential price recovery.
The next major upside target spans $160 to $180, where significant historical resistance remains from earlier trading ranges. Before tackling this zone, Solana must first reclaim resistance near $100 and generate upward momentum through the $120–$140 corridor.
The path to higher levels is not expected to be linear; analysts anticipate intermittent pullbacks and consolidations as SOL works to establish a higher-low structure. The failure to hold recent correction lows would undermine this bullish scenario and make another move lower possible.
The near-term trend will largely depend on how Solana behaves around the $95.13, $90.69, and $87.26 supports, while retaining the recent low on long-term time frames could be a fundamental condition for recovery attempts to reach $160 to $180.
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.
South Korea’s Upbit recorded 1.15 trillion won, roughly $830 million, in trading volume within a single hour on Saturday, with XRP and TRUMP dominating the surge.
The spike extends a rebound that began the previous day, when Upbit’s daily volume already jumped 273%.
Upbit’s trading volume distribution over the past 24 hours was led by XRP at 32.20%. Source: Upbit DatalabWhat Drove Upbit’s Record Hourly VolumeXRP led the charge by a wide margin. The token accounted for 32.20% of Upbit’s 24-hour trading volume, ranking first among all traded assets, according to Upbit Datalab.
TRUMP ranked second on the exchange, contributing 10.93% of total volume. USDT followed in third place with 8.39%, while Ethereum and Bitcoin rounded out the top five at 5.44% and 5.40%, respectively.
Upbit’s total 24-hour trading volume reached approximately $3.81 billion, while rival exchanges Bithumb and Coinone recorded $1.954 billion and $172 million, respectively.
Saturday’s spike was not an isolated event. On August 21, Upbit’s daily volume had already jumped 273% to roughly $1.84 billion, marking the exchange’s highest daily volume since mid-March.
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The South Koreans are back, Upbit volume up 273% and Bithumb up 133%
"Remember, I told you the South Koreans weren't trading anymore. Crypto volumes were down massively, they'd gone to SK Hynix and Samsung and were using leveraged ETFs. Well, in the words of Poltergeist, they're… https://t.co/uxkrA2cy5x pic.twitter.com/pzvvUU8Gv3
— The Wolf Of All Streets (@scottmelker) August 21, 2026 XRP topped that session too, contributing $418.9 million and ranking ahead of Bitcoin, USDT, and ETH. Bithumb recorded a similar increase that day, with volume climbing 132.9% to about $934.9 million.
Why the Rebound Follows Months of Weaker ActivityThat earlier rebound followed months of weaker trading, as South Korean investors favored domestic equities while the KOSPI climbed to record highs on AI-driven semiconductor demand. Upbit and Bithumb both reported declines in operating revenue of nearly 50% during the first half of 2026.
XRP traded near $1.44 at the time of writing, according to BeInCrypto data, up 2.1% over the past 24 hours despite an intraday flash crash and up nearly 50% over the past week. The token’s rally followed Ripple’s backing of a major XRP Ledger amendment, alongside strong ETF inflows.
That gain remains positive despite a brutal 37% flash crash earlier in the day, which briefly pushed XRP as low as $1.36 before it recovered, liquidating hundreds of millions in leveraged positions along the way.
TRUMP held its gains more cleanly. The token traded near $2.34, up 26% in 24 hours and more than 66% over the past week. Its all-time low of $1.37 came just nine days ago, on August 13.
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Speculation around a Robinhood Chain launch has fueled renewed interest in the token, alongside a broader recovery across Solana-based meme assets. Whether this two-day streak marks a lasting rotation back into crypto or another short-lived wave, as seen repeatedly this year, remains an open question for South Korean traders.
Crypto market maker Wintermute has transferred $57 million worth of Bitcoin (BTC) and Solana (SOL) to centralized exchanges (CEXs), sparking speculation that the firm is selling the assets.
According to Onchain Lens monitoring, crypto market maker Wintermute transferred 129,500 SOL tokens to Binance, valued at roughly $12.42 million. The firm also moved 169.5 BTC worth approximately $13.11 million, a transaction suspected to be for sale. Separately, 407.47 BTC were transferred through an intermediate wallet before being deposited into Coinbase, with a total value of around $31.36 million.
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Donald Trump’s June crypto-related stock trades revealed: he reduced his holdings in Coinbase and Strategy, and purchased Robinhood.
U.S. Office of Government Ethics (OGE) financial disclosures released Saturday show that Trump made over 1,000 securities trades in June, with total trading value ranging from $78.1 million to $263.1 million. Crypto-related trades involved Coinbase, Strategy, and Robinhood. Overall, crypto-linked stock trades were relatively small in scale, accounting for a low share of his total June securities trading volume. - Coinbase: Sold Coinbase stock worth $15,001–$50,000 on June 12, $100,001–$250,000 on June 18, and $1,001–$15,000 on June 23; bought Coinbase stock worth $50,001–$100,000 on June 24. - Strategy: Sold Strategy stock worth $1,001–$15,000 on June 23 and $15,001–$50,000 on June 24. - Robinhood: Bought Robinhood stock worth $1,001–$15,000 on June 3.
19 minutes ago
Well-known trader: Bitcoin has formed its bottom, with the next key resistance level at $80,000 to $83,000.
Prominent crypto trader Killa posted that Bitcoin has formed its bottom, with its price having reclaimed the cost basis of short-term holders. Previously, when Bitcoin was trading at $65,000, he stated: "Once it reclaims $67,400, trades in the mid-$75,000 range, and holds above the short-term holder cost basis, a bottom will have formed." However, Killa noted that before Bitcoin can target a rise to $90,000, it first needs to break through the $80,000 to $83,000 range.
19 minutes ago
F2Pool co-founder Wang Chun may reduce his holdings of 12,765 ETH to lower leverage.
According to on-chain analyst Yu Jin’s monitoring, the address of F2Pool co-founder Wang Chun may have sold some ETH during the three-day rally to lower leverage. The address first transferred 12,765 ETH (valued at around $28.73 million) to Binance, then withdrew 87.68 million USDC to repay its loan on Spark. Currently, the address still holds approximately 65,000 ETH (worth about $159 million) and 1,000 WBTC (valued at roughly $77.18 million) on-chain.
19 minutes ago
Morgan Stanley Survey: Wall Street Interns Show Enthusiasm for Market Prediction and AI, With 68% Using AI Tools Daily.
Morgan Stanley’s stock research team conducted an annual survey of over 500 North American summer interns, with most respondents aged 21 or younger. More than a quarter of the interns reported using prediction market apps over the past year, with Kalshi and Polymarket being the most common choices; 55% of these users simultaneously used multiple betting applications. Prediction markets in the U.S. are facing increased scrutiny, with several states having taken legal or regulatory measures against related platforms. Morgan Stanley’s employee code of conduct covers trading and investment matters, including prediction markets, though insiders did not disclose further details. A separate national survey found that 21% of U.S. adult respondents have used prediction market platforms, rising to 37% among 18-to-34-year-olds. On the AI front, 68% of interns use AI tools daily, up from 35% last year and 14% in 2024; around 70% pay for paid AI tools out of pocket, an increase from 52% last summer. Meanwhile, 61% of respondents worry AI will replace finance jobs, and 74% fear job displacement in other industries. Over 60% expressed interest in using humanoid robots at home, with 10% saying they might become early adopters.
19 minutes ago
A certain crypto address that lay dormant for 8 months has built a $5 million position in ETH.
According to on-chain analyst Ai Yi (@ai_9684xtpa), wallet address 0xc71…30F02 has reactivated after 8 months of dormancy, building a $5 million ETH position. The address bought 2,447.49 ETH in a single transaction via Tokenlon 40 minutes ago, spending 5.044 million USDT at an average cost of $2,447.49 per ETH. It had previously taken profits on ETH at $3,016 nine months ago.
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.
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.
