Solana USD

SOLUSD · CRYPTO

Market closed$74.23$-1.97 (-2.59%)

Key statistics

Previous close$76.20
Open$75.27
Day high$75.62
Day low$73.40
52-week high$253.21
52-week low$60.41
Market cap41.88B
Volume31.50M
Average volume3.25B
P/E ratio
Forward P/E
EPS
Dividend yield0.00%

Market context

Why it moved

Solana edged up slightly as positive momentum from ETRADE's launch of spot SOL trading and the network's milestone of surpassing 300,000 real-world asset holders offset broader crypto market headwinds from profit-taking and geopolitical tensions.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Solana has fallen nearly 3% as a broad crypto risk-off session weighs on high-beta digital assets, with Bitcoin retreating to the $63,000 zone and Ethereum sliding roughly 4% from its six-week high. The pullback comes despite a major institutional catalyst earlier in the week — Morgan Stanley filing amended S-1s for a spot Solana ETF (ticker: MSOL) with staking rewards, a development analysts say puts a launch 'pretty close.' Firming US Treasury yields, geopolitical tensions around Iran, and a chip-sector selloff dragging equities lower are pressuring risk appetite, while long-side leverage liquidations in perpetual futures are amplifying the move.

-2.7887

July 17, 2026Solana declined amid broad crypto risk-off sentiment driven by rising U.S. Treasury yields, a stronger dollar, and geopolitical tensions with Iran weighing on high-beta digital assets. The pullback comes despite significant bullish catalysts for SOL, including Morgan Stanley's amended S-1 filings for a Solana Trust ETF (ticker: MSOL) with built-in staking rewards — with Bloomberg's ETF analyst calling a launch 'pretty close' — and SBI Holdings' strategic partnership with the Solana Foundation to build Japan's on-chain financial markets including yen-pegged stablecoins and tokenized real-world assets.

-2.2115

July 16, 2026Solana edged lower as traders weighed a pivotal institutional development — Morgan Stanley filed amended S-1 registrations for both an Ethereum and Solana Trust ETF (ticker: MSOL), with Bloomberg ETF analyst James Seyffart noting an official launch is getting 'pretty close.' This follows SBI Holdings' partnership with the Solana Foundation to build Japan's on-chain financial market, targeting yen-pegged stablecoins and tokenized RWAs. Despite bullish macro tailwinds from a softer-than-expected June CPI print and growing DePIN/RWA network activity, SOL struggled to reclaim the key $78–$80 resistance zone after a prior failed breakout.

-1.0805

July 15, 2026Solana rallied amid a broader crypto market surge after June CPI came in at 3.5%, well below the 3.8% consensus, reviving rate-cut expectations and triggering over $135M in short liquidations. Adding a structural catalyst, SBI Holdings and the Solana Foundation announced a major partnership to build Japan-led on-chain financial markets — including yen-pegged stablecoins, tokenized real-world assets, and cross-border payments — with SBI R3 Japan being renamed SBI Solana Global, deepening Solana's institutional footprint in regulated Asian finance.

3.6662

July 14, 2026Solana edged lower amid a broad crypto risk-off wave driven by escalating U.S.-Iran tensions around the Strait of Hormuz, rising Treasury yields, and cooling spot ETF inflows that had previously supported the token. Adding to headwinds, a leverage flush in derivatives markets triggered liquidations, while on-chain DeFi activity showed signs of deceleration — though a new SBI Holdings partnership for Japan-based onchain financial markets and advancing U.S. CLARITY Act legislation offer longer-term catalysts. Analysts are watching the critical $73–$75 support zone, with supply resistance clustered between $79–$85.

-1.0282

July 13, 2026Solana edged lower, underperforming most major cryptocurrencies as cooling spot ETF inflows and a flush of over-leveraged long positions weighed on sentiment. A strengthening US dollar and rising Treasury yields dampened institutional appetite for high-beta Layer-1 assets, while a new fee proposal reignited debate over validator economics. Despite resilient crypto markets broadly shrugging off fresh US strikes on Iran and the Strait of Hormuz closure, Solana remains one of the week's weakest large-cap tokens — down over 5% in 7 days — with bulls struggling to defend key technical support near $76.

-1.5075

July 12, 2026Solana is edging lower and stands out as one of the weakest major cryptocurrencies this week, having fallen nearly 3.5% while peers like Bitcoin and Ethereum posted modest gains. Bearish sentiment on SOL has hit its highest level of 2026 per Santiment data, compounded by persistent sell pressure from Pump.fun's ongoing SOL liquidations (~$795M cumulative) and a new competitive threat as Robinhood Chain — built on Ethereum's L2 stack — emerges as a rival for tokenized asset flows. On the institutional side, a Bitwise spot Solana ETF filing and total SOL ETF inflows surpassing $1.15B offer a longer-term tailwind, while U.S. regulatory progress on the CLARITY Act and a CBDC ban becoming law provide broader crypto support.

-1.0417

July 11, 2026Solana is edging lower on the day, underperforming broader crypto peers like Bitcoin and Ethereum as a convergence of headwinds weighs on sentiment. Pump.fun's cumulative liquidation of over 4.6 million SOL (~$794M total) continues to create persistent sell-side pressure, while Santiment flagged record bearish sentiment with SOL down roughly 3.5% on the week versus 3-4% gains for most top coins. On the constructive side, a new Solana fee proposal is drawing attention to evolving validator economics, a Bitwise spot Solana ETF filing keeps institutional product momentum alive, and Mastercard's stablecoin settlement expansion to the Solana network underscores real-world adoption. Bulls are defending the key $76-$77 support zone, with a reclaim of $80 viewed as the trigger for any near-term recovery.

-1.4451

TradingKey · July 17, 2026Solana (SOLUSD) Is down 1.24% on Jul 17: What Are the Risk Factors?TradingKey · July 16, 2026Solana (SOLUSD) Suddenly Goes down 1.33% on Jul 16: What's Driving ThisTradingKey · July 11, 2026Solana (SOLUSD) Volatility Intensified on Jul 11: What You Should KnowTradingView · January 16, 2026SOL Price Faces Key Support Amid Solana’s Rapid Network Expansion