SOL (Solana) increased by 2.38% in the last 24 hours, currently trading at $125.76

SOL2,79%
USDC0,03%
BTC2,15%
ETH2,64%

Gate News Bot Message, December 31st, according to CoinMarketCap data, as of press time, SOL (Solana) is currently priced at $125.76, up 2.38% in the past 24 hours, with a high of $129.30 and a low of $119.90. The 24-hour trading volume reached $3.257 billion. The current market capitalization is approximately $70.793 billion, an increase of $1.646 billion from yesterday.

Recent Important News on SOL:

1️⃣ Ecosystem Infrastructure Upgrades and Stablecoin Ecosystem Optimization
Solana continues to improve its infrastructure layer. The Foundation launched the ConnectorKit wallet connection SDK and Kora fee relayer, supporting full payment of transaction fees and custom fee tokens, significantly lowering user barriers. Circle’s ongoing large-scale USDC burn and re-mint operations on the Solana network reflect ongoing optimization of the stablecoin ecosystem. Although USX briefly de-pegged due to liquidity shortages, it quickly recovered to around $0.94, and effective stabilization was achieved through liquidity injection, demonstrating ecosystem participants’ ongoing commitment to improving stablecoin infrastructure.

2️⃣ Institutional Funds Continue Net Inflows and Strong Spot ETF Performance
Solana spot ETFs have maintained continuous capital inflows recently, with a net inflow of approximately $13.14 million over the past week, totaling over $755 million. In comparison, Bitcoin ETFs saw a net outflow of 3,495 BTC (about $30.6 million), and Ethereum ETFs outflowed 17,969 ETH (about $52.74 million). This divergence indicates that, amid overall market de-risking, institutional investors are selectively increasing their holdings in mainstream altcoins like Solana.

3️⃣ On-Chain Fundamentals and Deep Expansion of RWA Ecosystem
SOL staking has reached a new high of 409 million tokens, maintaining enhanced network security and long-term participation. The number of Solana RWA holders has surpassed 115,000, growing about 11% in the past 30 days, with on-chain tokenized stock value reaching $185 million. By 2025, Solana is projected to lead all public chains with $1.3 billion in on-chain revenue, significantly surpassing HyperliquidX ($816 million) and Tron ($608 million). Co-founder of Multicoin predicts that by the end of 2026, Solana’s mainnet will compete with or even surpass major centralized exchanges in spot and perpetual trading volumes.

4️⃣ Market Structure Divergence and Phase-wise Short Position Reversal
In the derivatives market, some whales have begun gradually closing SOL short positions and taking profits, reflecting a partial easing of extreme short sentiment. Meanwhile, savvy funds are starting to slightly build long positions in the $123-$128 range, creating conditions for upward price breakthroughs. Although some meme tokens like HNUT experienced crashes, triggering RUG risk warnings, the daily average trading volume on SOL’s spot DEX reached $4.13 billion, the highest in the past 38 days, indicating that market activity remains robust despite risk events.

This message is not investment advice. Investors should be aware of market volatility risks.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Coinbase Board Warns Proof-of-Stake Networks Face Quantum Computing Risks

Coinbase warns quantum-era risks to proof-of-stake: validator signatures and wallet cryptography could become vulnerable; transition to quantum-resistant systems will be complex and multi-year, requiring early planning despite no immediate threat. Abstract: This report from Coinbase’s Independent Advisory Board analyzes long-term security risks for proof-of-stake blockchains as quantum computing progresses. It highlights validator signatures and wallet-level cryptography as areas potentially vulnerable to quantum attacks, while acknowledging that present systems remain secure. The authors emphasize a careful, multi-year transition toward quantum-resistant cryptography, requiring coordinated upgrades across wallets, exchanges, and blockchain infrastructure and early planning to mitigate future threats before they become practical.

CryptoFrontier5h ago

Gate launches the "Compute Power Goes Ballistic" campaign: complete tasks to unlock mystery boxes and win a Mac Studio M3 Ultra; USDT wealth management offers 6% APY; BTC/ETH/SOL staking up to 16% APY

Gate News message, according to the Gate official announcement on April 22, 2026, the platform has launched a "Compute Power Goes Ballistic" themed campaign. During the campaign (from 14:00 on April 22 to 16:00 on April 26, UTC+8), users can complete multiple tasks to unlock the chance to open mystery boxes. Prizes include Mac Studio M3 Ultra, RTX 5090 GPU, XPIN tokens, lucky draw gift bags, and more, using a 100% guaranteed win model. The tasks cover multiple scenarios such as instant exchange trading, spot trading, derivatives trading, deposits, invitations, and VIP upgrades, with different tasks corresponding to different numbers of mystery box openings. At the same time, the platform has introduced interim wealth-management products: USDT 14-day fixed-term wealth management with an annualized return of 6%. You can apply with a net deposit of ≥ 1,000 USDT, with a personal limit of 20,000 USDT. For on-chain earnings, staking BTC, ETH, and SOL can receive up to a 7.5% boost, with staked SOL reaching up to 16% annualized returns. In addition, new and existing users can also participate in multi-asset wealth-management products such as ETH, USDD, XAUT, AIA, SWCH, 0G, and APT, with some products offering annualized returns exceeding 100%.

GateAnnouncement5h ago

Solana's MAGA Meme Coin Hits $25M Market Cap, Surges 200% in 24 Hours

Gate News message, April 22 — Solana-based meme coin MAGA (Make Aliens Great Again) reached a peak market capitalization of $25 million today, marking an all-time high. The token is currently trading at $20 million with a 24-hour gain of 200% and trading volume of approximately $8.9 million. The

GateNews7h ago

BlackRock, JPMorgan & S&P Join Tokenized Collateral Sandbox

A recent crypto market industry report has pulled some of the world’s largest financial institutions into the same experiment: testing tokenized money market funds as collateral across public and private blockchains in Europe and the UK. In a recent breakdown, the host – a crypto-focused analyst

DailyCoin8h ago

Arkham Launches Solana DEX Trading Integration, Targets $47B Monthly Market

Gate News message, April 21 — Arkham announced the launch of its decentralized trading functionality, integrated exclusively with the Solana ecosystem, as it pivots from centralized exchange services to target Solana's thriving DEX market. The new feature incorporates decentralized trading into Ark

GateNews14h ago

Solana Foundation exec: Solana becoming 'onchain Nasdaq'

Nick Ducoff, head of institutional growth at Solana Foundation, stated in a recent TheStreet Roundtable discussion that Solana's vision of becoming the on-chain Nasdaq and home of internet capital markets is "getting closer and closer." Ducoff outlined four competing approaches to tokenized

CryptoFrontier15h ago
Comment
0/400
No comments