Crypto World News
Crypto World News
Solana is gaining institutional attention as Metaplex expands compliant RWA tokenization on the network. Continued spot ETF inflows and strong on-chain activity are reinforcing demand, while SOL tests a key resistance zone that could shape the next phase of its market structure.
DeFi Development Corp added 47,706 SOL, lifting its treasury to 2.54M SOL worth $309M. Funded by its $300M CHAD ATM, the move underscores growing corporate adoption of Solana as a treasury reserve asset beyond Bitcoin and Ethereum.
Solana Foundation appointed Rachel Conlan as CSO to drive its Token Supercycle thesis. With over $5T in 2026 stablecoin volume and $4.5B in real-world assets, Solana is positioning itself today as core infrastructure for tokenized finance, payments and internet capital markets.
Solana is holding near $117 after a 19.64% weekly gain, with ETF inflows and bullish technical signals supporting market momentum. Traders are watching the $120-$121 resistance zone as liquidation clusters build nearby. A break above resistance could open the door to higher levels.
Multicoin Capital co-founder Kyle Samani predicts Solana will flip Ethereum in market cap this cycle on speed and adoption. Yet Ethereum retains its $54B DeFi moat, $146B stablecoins, and L2 dominance, while Solana leads in 30-day chain fees and retail trading activity.
Solana is showing renewed bullish momentum after breaking out from a long-term Cup and Handle pattern, with analyst JAVON MARKS pointing to a potential $500-plus target. Rising tokenized equity activity and strong x402 transaction volume further highlight growing network usage as traders monitor whether SOL can sustain its breakout.
Solana DEXs recorded about 208 million trades during the week of September 14–20, surpassing the 189 million trades executed on the New York Stock Exchange (NYSE) during the same period. The milestone highlights the scale of activity taking place on Solana’s onchain markets, although trade counts measure transaction frequency rather than comparable dollar volume.
Solana has reached a key breakout target as rising derivatives activity and continued treasury accumulation strengthen market participation. With SOL testing the $117 level, traders are watching whether the price can establish support and continue toward $141 and $176, while sustained DEX activity adds further context to the network’s expanding market activity.
Solana price has reached the $110.60 target identified by analyst LAR7Crypto, with the trade now fully closed. The analyst expects a possible short-term pullback before another attempt at $120, while $47.62 million in U.S. spot Solana ETF inflows adds fresh market context.
ZEC supply on Solana hits a new all-time high as Solana dominates 79% of ZEC spot DEX trading. Driven by zenZEC via Zenrock MPC, with $15M volume, 13.2K holders and 2.1M swaps, the surge reflects renewed privacy demand amid Grayscale's new spot ZEC ETP launch.