Solana DePIN revenue reaches $2.8M as data offload activity surges 17x in a year

A recent report highlighted three major reasons Solana (SOL) has struggled to keep pace with Ethereum (ETH), at least from a market performance perspective that goes beyond day-to-day price movements.  Market expert Dominic Basulto from The Motley Fool pointed to factors that, in his view, have shaped investor sentiment and affected Solana’s momentum in key areas. The Meme Coin Hangover One of the most important drivers, Basulto said, is how many investors still associate Solana with the meme coin craze of 2024. During that period, Solana became the preferred destination for people minting and trading meme coins, and the conversation frequently included the idea of a “meme coin supercycle.”  At its high point, the meme coin market was valued at around $150 billion. Today, Basulto said the segment is worth less than $40 billion, and many individual meme coins are still far below their 2024 highs.  For some investors, according to the expert, the connection between Solana and that hype c

Solana continues to trade within a cautious consolidation phase, with price action suggesting that a temporary recovery may develop before the market makes its next major directional move. While short-term momentum has started to stabilize, SOL still faces key resistance barriers that could determine whether the current bounce evolves into a stronger breakout or fades into another corrective wave.  Solana Corrective Recovery Scenario Begins To Take Shape Focusing on the 1-hour timeframe, Elliott Waves Academy identifies a potential short-term recovery for Solana. This corrective move is modeled as wave (2)/(B), likely taking the shape of a complex double zigzag structure as the market attempts to stabilize after recent downward momentum. Related Reading: Solana Fails Channel Breakout—$78 Support The Next Destination? To confirm this recovery path, a decisive breakout above the upper boundary of the current diagonal pattern is key. Additionally, clearing the key resistance level tied to

Regulatory clarity could drive institutional adoption, integrating public blockchains into traditional finance and expanding DeFi applications. The post Grayscale report highlights Ethereum, Solana, BNB Chain, and Canton Network as regulatory clarity winners appeared first on Crypto Briefing.

The Agave v4.2 upgrade could significantly enhance Solana's transaction speed and efficiency, potentially boosting its competitive edge. The post Solana’s Anza CEO discusses potential 200ms slots and Agave v4.2 upgrade appeared first on Crypto Briefing.

Solana spot volume falls below $10B after months of decline, while SOL trades near $87 and stays below the key $125 resistance. Solana spot volume has dropped below $10 billion after months of slower exchange activity. The decline follows a busy period in mid to late 2025, when SOL trading stayed above that level. Traders […] The post Solana Spot Volume Drops Below $10B: What’s Next for Price? appeared first on Live Bitcoin News.

Solana price has recovered from recent market weakness, with bulls now attempting to overcome double-top resistance near the $100 level. Across the crypto market, risk appetite improved modestly after Bitcoin reclaimed ground above $77,000 following several sessions of macro-driven weakness…

XRP Ledger has moved into fourth place on RWA.xyz’s network rankings, according to RippleX, marking a rapid climb for the blockchain in the tokenized real-world asset sector. The move puts XRPL behind Canton, Ethereum and Provenance by total distributed RWA value, while placing it ahead of BNB Chain, zkSync Era, Solana, Stellar and Avalanche. XRP […]

Solana found support at $83.50 and corrected some losses. SOL price is now consolidating below $88.50 and might struggle to continue higher. SOL price started a decent recovery wave above $85 and $86 against the US Dollar. The price is now trading above $86 and the 100-hourly simple moving average. There is a rising channel forming with resistance at $88.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $88.50 and $90.00. Solana Price Starts Recovery Solana price remained stable and started a decent recovery wave from $83.50, like Bitcoin and Ethereum. SOL was able to climb above the $85 level. There was a move above the 38.2% Fib retracement level of the downward move from the $93.63 swing high to the $83.35 low. However, the bears remained active below $88. There is also a rising channel forming with resistance at $88.50 on the hourly chart of the SOL/USD pair. Solana is now trading above $86 and the 100-hourly simp