Solana
Solana (SOL) trades near $74.97 as tokenized U.S. T-bills expand on-chain. Solana added $378.2M in tokenized T-bills in 30 days, versus Ethereum’s $272.2M. SOL is down 0.68% over 24 hours with falling volume and bearish MACD. Solana also hosts $71.6M of tokenized equities in DeFi.
Crypto market breadth ended the week clearly negative while total market cap stayed roughly flat near $2.17T, according to CoinMarketCap. In the top 100, 37 tokens rose and 61 fell. Bitcoin traded near $63,000 (-2.8% weekly) with dominance at 58.4%. Chainlink (LINK) rose about +13.5% weekly, while Uniswap (UNI) fell about -18.5%.
Axelar says SOL is now tradable on the XRP Ledger’s native DEX via Axelar, enabling cross-chain access between Solana and XRP Ledger. The update expands routing for SOL liquidity through the XRP Ledger trading venue, without indicating broader adoption beyond venue availability.
Over the past 7 days, alphai's AI scored 49 news stories mentioning SOL-USD (Solana). Coverage has skewed bullish: 18 bullish, 25 neutral, and 6 bearish.
Short-term setup is bearish despite strong tokenized-T growth, with $74.97 as the key line and $73 as the next downside magnet.
SOL shows partial resilience, but mixed moving-average signals suggest limited conviction in a sustained trend.
The integration expands where SOL can be traded natively, but the article frames the immediate effect as limited to venue availability.
Solana’s dual SIMDs could accelerate disinflation and increase permanent SOL destruction, supporting scarcity narratives.
SIMD-0550 would reduce SOL issuance and staking income, likely lowering ETF distributions while improving scarcity framing.
alphai scores every news story that mentions SOL-USD with an AI model for sentiment and relevance, and aggregates insider trades from Solana's SEC EDGAR Form 4 filings. Figures refresh continuously.
Solana (SOL) trades near $74.97 as tokenized U.S. T-bills expand on-chain. Solana added $378.2M in tokenized T-bills in 30 days, versus Ethereum’s $272.2M. SOL is down 0.68% over 24 hours with falling volume and bearish MACD. Solana also hosts $71.6M of tokenized equities in DeFi.
7 min readCrypto market breadth ended the week clearly negative while total market cap stayed roughly flat near $2.17T, according to CoinMarketCap. In the top 100, 37 tokens rose and 61 fell. Bitcoin traded near $63,000 (-2.8% weekly) with dominance at 58.4%. Chainlink (LINK) rose about +13.5% weekly, while Uniswap (UNI) fell about -18.5%.
7 min readAxelar says SOL is now tradable on the XRP Ledger’s native DEX via Axelar, enabling cross-chain access between Solana and XRP Ledger. The update expands routing for SOL liquidity through the XRP Ledger trading venue, without indicating broader adoption beyond venue availability.
2 min readGrayscale says proposed tokenomics changes could reduce Ethereum (ETH) and Solana (SOL) annual supply growth below gold by 2031. It estimates ETH supply growth at about 0.4% and SOL near 1.1%, versus gold around 1.8% and CPI 3.3%. Proposals include Ethereum EIP-8361 and Solana SIMD-0550/0553, still in governance.
6 min readAccording to Grayscale SEC filings, it will convert staking rewards from its Ethereum and Solana ETFs into cash distributions starting around Aug. 7. At the same time, Ethereum and Solana are considering protocol changes to reduce staking yield. Solana’s SIMD-0550 targets modeled yield down from 5.84% to 2.25% by year three. Ethereum’s EIP-8363 would burn more validator rewards as staking rises.
7 min readAxelar said on Aug. 14 that wrapped SOL is now available on the XRP Ledger native DEX, enabling SOL/XRP trading on XPMarket and other XRPL interfaces. According to Axelar and Hussein Zangana, Axelar is the only legitimate issuer, and XRPL assets are verified by issuer address plus currency code. On-chain data cites Axelar’s XRPL gateway account.
7 min readSolana (SOL) fell about 25% from its all-time high in under two weeks and is testing support after a volatile period. The article cites analyst Jelle on X saying SOL retested the 25-day EMA and RSI midlevel, with buyers defending around $220. It notes SOL is near $240 and needs to break $240 and $260 resistance to confirm a reversal.
4 min readGrayscale research head Zach Pandl said Ethereum and Solana could see lower annual token production as their networks consider reducing issuance. The article cites current prices of ETH at $1,876.89 and SOL at $75.16, and projects supply growth by 2031 of about 0.4% for ETH and 1.1% for SOL. Stakers may receive fewer rewards if inflation falls.
5 min readSolana (SOL) consolidated above $132 after a rally that pushed it through resistance, rising from around $128 to above $135 and past $142. It is now testing $145 resistance, with support near $143 and $148 next. A close above $150 could target $162, while failure may pull back toward $125, according to technical indicators.
3 min readSolana (SOL) exchange balances rose by 2.35M SOL over 17 days, about $202M at current prices, according to Glassnode. The move coincided with SOL’s MVRV ratio dropping below 0.8, the lowest since May 2022. Glassnode says deposits spiked earlier this month then moderated, while exchange wallets remain elevated. SOL traded near $86.
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