Galaxy Digital adds Solana staking to GalaxyOne, offering up to 6.5% rewards as SOL trades in a tight $80–$85 accumulation range.
Ika arrives on Solana with dWallets, a tool that allows controlling assets from any blockchain without bridges or trusted intermediaries. Encrypt introduces FHE on Solana, enabling the development of confidential financial applications where data remains encrypted during execution.
Over the past few days, the Solana price has been trading range-bound, strongly defending the $80 support while failing to reach $95. This has prevented the token from securing the $100 range, which could have attracted significant buying pressure.
GalaxyOne adds Solana staking with variable rewards and zero-fee incentives, extending institutional validator infrastructure to retail users.
Solana saw a major drop against Ethereum in the last 24 hours, printing a large red daily candlestick as the SOL/ETH ratio fell 3.22% in this time frame.
Solana (SOL) slid roughly 8% week-over-week as continuing tensions in the Middle East rattled markets and overshadowed another week of on-chain progress.
Circle minted about $750M USDC on Solana in 24 hours, adding major dollar liquidity as the chain's DeFi, trading and institutional flows continue to accelerate.
Franklin SOEZ ETF Pulls $1.53M as Solana Bets Rise
SOL struggles in a narrow range, bouncing weakly from $74–$78 while resistance caps upside near $90.
Solana (SOL) is hovering just above a critical ‘$80 support' level, a technically important zone that traders are watching as broader crypto markets struggle for direction. While price action has tilted bearish, Solana's parallel push to deepen on-chain ‘FX' and stablecoin rails is being framed by supporters as a longer-term liquidity catalyst for DeFi and payments.
The conflict in the Middle East isn't helping Solana's price. Things could get a lot worse.