Solana

Follow the latest Solana (SOL) news, a high-performance blockchain platform built for speed and scale that powers decentralized exchanges (DEXs), DeFi projects, and a thriving memecoin scene. With its Proof of History consensus, low fees, and growing developer activity, Solana remains a key player in Web3 innovation.

Featured only

Arman Shirinyan

June 9 XRP Spot ETFs Lead Crypto Flows With $7.44M Inflows as Price Holds Near $1.11

On June 9, XRP spot ETFs posted $7.44 million in net inflows, topping Solana’s roughly $794,000 while Bitcoin and Ethereum spot products logged $77.44 million and $40.85 million in outflows. Despite the flow advantage, XRP traded near $1.11 after losing the $1.28–$1.30 support area, keeping the chart technically weak even as ETF demand persisted.

Kalshi Launches XRP Perpetual Contracts for U.S. Traders After CFTC Clearance

XRP perpetual contracts have started trading on Kalshi for U.S.-based users, introducing the platform's "American Perpetuals." The rollout follows CFTC clearance for Kalshi's first truly perpetual Bitcoin futures in the U.S. and a June 1 filing to self-certify derivatives tied to 12 major altcoins. Kalshi said its crypto perpetuals drew $100 million in trading volume within 24 hours.

Solana’s SIMD-0550 proposal targets faster path to 1.5% inflation rate

Solana is weighing SIMD-0550, a validator-backed proposal that would speed up the network’s move toward its 1.5% long-term inflation target, potentially reducing dilution and validator-driven sell pressure. On June 9, 2026, TradingView weekly charts showed SOL/USD at $66.53 while momentum indicators began to improve, even as the broader weekly downtrend remained intact.

June 9 Crypto Brief: SBF Files Trump Pardon Request as Humanity Loses $32M

On June 9, Bitcoin hovered above $63K as the Fear & Greed Index stayed in "extreme fear," while Sam Bankman-Fried resurfaced in headlines after a formal request for a Trump pardon. Humanity Protocol reported a private-key compromise that drained over $32M from 17 foundation wallets and pushed H from $0.70 to under $0.10. Markets also tracked mixed moves across majors, with BTC at $62,961.60 and ETH at $1,677.59.

Solana outperforms on June 7 as SOL/BTC jumps 2.7% amid market extreme fear

Crypto market sentiment has fallen into “extreme fear,” hitting a two-month low, while Solana (SOL) showed relative strength on June 7 with a gain of over 6%. SOL also outpaced Bitcoin’s 4% rise, pushing the SOL/BTC ratio up more than 2.7%, as the market debates whether SOL’s rebound could extend toward $100.

Bitcoin hits $59,100 2026 low as many altcoins remain 94%–99.7% off ATHs

Bitcoin slid to a 2026 low of $59,100 this week and, as of 1 p.m. EDT on June 7, traded more than 50% below its $126,080 all-time high set on Oct. 6, 2026. While a few tokens posted strong 2026 YTD gains, many large-cap altcoins are still down far more than BTC from their peaks, with several sitting 94%–99.7% below ATH.

Circle mints $500M USDC on Solana as stablecoin cap nears $16B, but SOL stays weak

Circle minted an additional $500 million USDC on Solana, helping push the network's stablecoin market cap toward its $16 billion peak and bringing more than $370 million in weekly inflows. Despite USDC making up over 51% of Solana's stablecoin liquidity and Solana seeing a near 6% weekly supply increase, SOL has slid to multi-month lows and the SOL/ETH ratio fell nearly 3% this week.

Jordan Lyanchev

Lookonchain estimates Strategy down $12.27B and Bitmine down $10.35B on crypto bets

Lookonchain said on June 6, 2026 that Michael Saylor's Strategy and Tom Lee's Bitmine were carrying large unrealized losses, estimated at $12.27B and $10.35B, respectively. The report followed a sharp market slide that saw bitcoin fall to $59,000 on Friday, while other corporate holders such as SharpLink, Metaplanet, and Forward Industries were also shown with sizable paper drawdowns.

Crypto slide deepens as spot Bitcoin ETFs see $4.4B outflows and $1.3B liquidations

Over the past three weeks, Bitcoin's institutional demand weakened as U.S. spot Bitcoin ETFs posted about $4.4B in outflows across a 13-session streak, with BlackRock's IBIT exceeding $3.3B. As outflows grew, BTC broke the $80,000-$82,000 area and later moved toward $60,000, while the total crypto market cap fell roughly 15% over the past week to $2.08 trillion. The downturn was amplified by derivatives deleveraging, with more than $1.3B liquidated in 24 hours, including over $1B in long positions.

Alex Richardson

Weekly recap: Forward Industries moves 455,784 SOL, Zcash patches Orchard bug, Binance cites $5T equity potential

Forward Industries transferred 455,784 SOL (about $31.87 million) to Coinbase Prime, drawing attention to potential additional sell pressure while the firm is described as $1.13B underwater. Zcash took a hit as developers fixed an Orchard shielded-pool flaw patched on June 1 and Arthur Hayes said he sold his entire ZEC position, with prices reported down sharply. Separately, large U.S. banks were reported to be exploring a tokenized deposit network targeting a 2027 launch, while Binance Research projected exchanges could route up to $5 trillion of new equity capital into markets over five years.