Solana Co

Solana (SOL) stays above $110 after a 10.8% surge to a seven-month high, fueled by the Transaction V1 upgrade and broader crypto gains. The rally faces a test from weak network revenue data.

DeFi Development Corp. has launched an at-the-market program for 30 million CHAD preferred shares, potentially raising $300M to fund Solana (SOL) acquisitions and strategic initiatives.

Solana (SOL) gained 4.3% to $106.13 despite a $5.2 million outflow from US spot ETFs, as market cap rose $2.56 billion. The weekend rally contrasts with fund withdrawals, with Tuesday's trading set to reveal if institutional demand follows.

Solana holds near $101.82 as a new payment benchmark shows off-chain capacity, raising questions about SOL value capture. Stablecoin and DeFi data add context.

Solana rallied 26% in seven days, but ETF inflows explain just 0.2% of the repricing. A network speed upgrade and broad crypto momentum are key drivers.

Solana-based decentralized exchanges recorded $1.31 billion in 24-hour volume and $9.92 billion over seven days, surpassing Coinbase and Kraken in weekly spot trading, but Galaxy warns volume is heavily tied to speculative memecoin cycles.

XRP traded sideways near $1.40 early Monday, showing resilience as broader markets turned cautious. The token's market capitalization remained around $87 billion with $3 billion in daily volume.

Solana's SOL token fell over 4% to near $83, with futures liquidations rising. Analysts present a wide 2026 range, from $20 on legal risks to $250 if stablecoin adoption accelerates.