Solana | Crypto

Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows. Solana (SOL) futures dropped sharply in May as traders reduced leveraged exposure across all exchanges. SOL open interest (OI) dropped to $1.90 billion on Thursday from $2.75 billion on May 11, a 30% decline, while funding rates remained close to neutral. The combination points to weakening investor sentiment as SOL eyes a retest of its yearly low at $68.  The aggregated funding rate for Solana futures held near -0.005, showing balanced positioning between longs and shorts. SOL traders have not built aggressive directional bets despite the recent price slide to $80. Read more

Bitcoin and Ethereum ETF outflows have accelerated, with institutional investors pulling nearly $2.7 billion from spot Bitcoin and Ethereum exchange-traded funds over the past two weeks. However, rather than signaling a broad exit from digital assets, market data reveal a historic divergence, with these allocators simultaneously rotating into newly launched alternative cryptocurrency funds like Solana, […] The post Bitcoin and Ethereum ETF outflows expose rotation into HYPE, XRP and Solana appeared first on CryptoSlate.

Hyperliquid vs. Solana: Who Wins the DeFi Liquidity War? The post Hyperliquid vs. Solana: The Battle for ‘Liquidity King’ in 2026 appeared first on Cryptonews.

Solana futures funding turned negative as demand for SOL and its associated decentralized exchanges fell. Will traders buy the dip or is $78 next? Key takeaways: Solana's native token SOL (SOL) faced a 15% correction following a rejection at $98 on May 11. A retest of the $83 level on Tuesday was followed by negative futures funding rates, indicating increased demand for short SOL positions.  While declining network activity contributed to the price drop, competition among rival blockchain networks has picked up.  Read more

Pump.fun pulled in $124.7 million in Q1 2026, making it Solana’s largest revenue generator even as memecoin activity cooled, while the network’s RWA market cap crossed $2 billion. Pump.fun remained Solana’s largest revenue generator in the first quarter of 2026, pulling in $124.7 million, more than a third of the network’s $342.2 million in total app revenue, despite cooling memecoin activity. The memecoin launchpad's revenue rose 17% quarter over quarter, a sign that its core business remains resilient, Messari said in its Solana Q1 report. Launchpads generated $144 million in Q1, roughly 42% of Solana’s total app revenue. A standout within the sector was Bags, whose quarterly revenue surged 1,347% to $11.5 million, fueled by a wave of AI-themed memecoins in January. The surge proved short-lived, with monthly revenue dropping 85% by February. Read more

Wall Street and payment giants are quietly taking over Solana, moving billions onto the network for tokenized funds and global payments even as the broader crypto market cools down, according to a new report by Messari.

Goldman Sachs cut its crypto ETF exposure in Q1 2026, exiting XRP and Solana funds while trimming Bitcoin and Ether ETFs and reshaping equity bets. US investment bank Goldman Sachs sharply reduced its exposure to cryptocurrency exchange-traded funds (ETFs) in the first quarter of 2026. No XRP-linked ETFs appeared in Goldman Sachs’ Q1 Form 13F filing with the US Securities and Exchange Commission. In its Q42025 13F filing, Goldman Sachs reported holding nearly $154 million worth of XRP-related ETFs from Bitwise, Franklin Templeton, Grayscale and 21Shares. Read more

In an interview with CoinDesk, the lead engineer at Firedancer gives an update on how the new client, also known as a software, is fairing in the Solana ecosystem.

"We recently tested that $98 resistance, which resulted in a quick rejection. Now, I am seeing Solana bounce," Ali Martinez stated.

Anatoly Yakovenko Defends Solana's MEV Strategy The post Solana news: Anatoly Yakovenko Says Alpenglow Launch Proves Solana’s Design Is Working appeared first on Cryptonews.

The unversity’s endowment disclosed holdings in the Bitwise Solana staking ETF, Grayscale Ethereum staking ETF and BlackRock’s iShares Bitcoin ETF. The $9 billion endowment of Ivy League university Dartmouth College reported new investments with exposure to cryptocurrencies, increasing the digital assets in its portfolio since January. In a Thursday filing with the US Securities and Exchange Commission (SEC), the trustees of Dartmouth College reported that the university endowment held about $3.3 million worth of the Bitwise Solana staking exchange-traded fund (ETF). The trustees also disclosed about $3.5 million worth of the Grayscale Ethereum staking ETF and about $7.7 million of BlackRock’s iShares Bitcoin ETF.  Read more

JPMorgan filed a prospectus on May 12 for the JPMorgan OnChain Liquidity-Token Money Market Fund, ticker JLTXX. The fund invests exclusively in US Treasury securities and overnight repo collateralized by Treasuries and cash, targeting a $1.00 net asset value. JPMorgan manages it to meet the eligible reserve asset requirements that stablecoin issuers may need under […] The post JPMorgan taps both Ethereum and Solana for separate reasons for its institutional cash stack appeared first on CryptoSlate.

Leading AI Claude Predicts the Price of Solana by the End of 2026 The post Leading AI Claude Predicts the Shocking Price of Solana by the End of 2026 appeared first on Cryptonews.

Solana ETFs recorded their strongest weekly inflow since February as SOL futures open interest climbed nearly 30%. Is SOL bracing for a rally to $120? The spot Solana (SOL) exchange-traded funds (ETFs) recorded their strongest weekly performance since February, attracting $39.23 million in total net flows. The surge in capital inflows coincided with SOL futures open interest rising by $1.5 billion in May, signaling a sharp increase in trader positioning across the derivatives markets. The rise in market activity comes alongside Solana’s 15% rally to $97 in the past seven days, with traders targeting the next major resistance level at $120.  Bitwise’s BSOL ETF led the latest inflow wave with $36 million in weekly net inflows last week, while Fidelity’s FSOL added over $1.8 million. Since its launch, BSOL has attracted $861 million, accounting for nearly 81% of cumulative inflows across all spot SOL ETFs, which now total about $1.06 billion. Read more

The upgrade, known as Alpenglow, is live on a community test cluster, said Solana core developer Anza.

The crypto wallet company pairs the XO Cash token with software tools that let AI agents transact using preset spending controls and stablecoin payments. Crypto wallet provider Exodus has launched XO Cash, a Solana-based stablecoin and software toolkit designed to let AI agents make payments and access services without directly controlling private keys. According to Friday's announcement, the system, developed with MoonPay, allows developers to create agent-linked wallets, assign spending limits and issue virtual debit cards tied to Visa payment rails. XO Cash integrates with Exodus Pay and includes a software development kit that allows users to fund AI agent wallets using their Exodus Pay balances while maintaining custody of their private keys. Users can set transaction caps, merchant restrictions and daily spending limits for each agent wallet. Read more

Solana Developer Share Hits 23% as Ethereum Falls Below 35% The post Solana Just Overtook Ethereum in New Developer Signups — Biggest News Shift for Solana? appeared first on Cryptonews.

Developers can link a Solana wallet to AI tools like Claude Code or Gemini and have an agent accessing paid APIs within one minute.

Investors back a model that moves insurance risk and capital flows onto blockchain rails, as onchain reinsurance looks to attract institutional participation. Forward Industries and crypto investment company RockawayX have co-led a strategic investment in OnRe, a startup building reinsurance infrastructure on the Solana blockchain, in a move aimed at bringing traditional risk-transfer markets onto decentralized rails. The companies said Tuesday they co-led OnRe’s $5 million Series A round, with Forward planning to allocate up to $25 million into the platform’s yield-bearing token on Solana. The funding will be used to expand OnRe’s platform and attract more institutional participants to onchain reinsurance, a niche but emerging segment within decentralized finance. Read more

Solana’s new service lets AI agents pay for Google Cloud and community APIs on a per-request basis, bypassing traditional accounts.