Category Solana (SOL)

Circle minted $3.5 billion USDC on Solana in seven days, the largest weekly issuance in 2026, lifting Solana USDC supply to $8.64 billion and highlighting concentrated regulated dollar liquidity and outsized capital velocity across DeFi, trading and institutional payments.

Solana’s network economics show signs of improvement as token holder net income remains positive for a second consecutive week. Meanwhile, SOL is attempting to recover near key support, with traders watching whether buyers can defend the level and push the price toward BitGuru’s potential recovery targets.

Solana is expanding its payment infrastructure with x402 batch payments while tokenized stock activity continues to grow across the network. The developments add to Solana’s broader adoption narrative as SOL trades above a multi-month downtrend, with traders watching the $148 level and a potential move toward $250.

Solana recorded record quarterly network activity as non-vote transactions surged, highlighting continued ecosystem usage. Meanwhile, SOL is consolidating below key resistance, with traders watching whether renewed buying pressure can trigger a breakout and extend the current recovery toward higher technical levels.

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.