According to @Pentosh1, Solana (SOL) is at a pivotal technical juncture that could precede a significant upward price movement. The analysis points to a classic support/resistance (S/R) flip, where a former resistance level is now being tested as support. If SOL can successfully hold this level, it could serve as the launchpad for a 'big, beautiful, powerful move,' making this a critical area for traders to watch for confirmation of bullish momentum.

According to Farside Investors, the REX-Osprey Solana ETF (ticker: SSK) recorded a daily flow of zero US dollars. This data from Farside Investors indicates a lack of new investment into this specific Solana exchange-traded product for the day, suggesting neutral sentiment or a pause in institutional interest for the SSK fund.

According to @TATrader_Alan, Solana (SOL) is displaying a bullish technical pattern on its 4-hour chart. The analysis identifies a bull pennant formation, which suggests a potential upward price movement. The price target for this breakout pattern is set at $211, and the analyst notes that SOL is already halfway to reaching this target, indicating strong bullish momentum for traders monitoring the asset.

According to @KookCapitalLLC, Solana (SOL) is demonstrating significant strength, positioning it as the top-performing major cryptocurrency for the day. This analysis suggests that SOL is exhibiting strong positive momentum and outperforming other large-cap digital assets. For traders, this relative strength could indicate a bullish short-term trend and potential trading opportunities based on its current market leadership.

According to glassnode, on-chain data indicates that Solana (SOL) faces its next significant resistance level around the $190 mark. This price point is critical as investors have accumulated over 8 million SOL there, creating a substantial supply barrier. Glassnode's analysis suggests that if demand for SOL is strong enough to push the price above this $190 resistance, the uptrend could accelerate significantly due to less dense supply overhead in higher price ranges.

According to @lookonchain, a top trader on the Hyperliquid platform known as 'The White Whale' has achieved nearly $30 million in profit within a single week. The on-chain analysis reveals this trader utilized four different wallets to execute long positions on Ethereum (ETH) and Solana (SOL). This successful trading strategy propelled 'The White Whale' to the number one spot on the Hyperliquid profit leaderboard.

According to @lookonchain, a top trader on the Hyperliquid platform known as 'The White Whale' (@TheWhiteWhaleHL) has generated nearly $30 million in profit in just one week. The on-chain analysis reveals that this trader utilized four different wallets to execute long positions on Ethereum (ETH) and Solana (SOL). These successful trades propelled 'The White Whale' to the number one spot on the Hyperliquid leaderboard, showcasing a highly profitable short-term trading strategy.

According to @MilkRoadDaily, despite not currently trending, Solana (SOL) is exhibiting some of the strongest performance metrics in the market. The analysis highlights that Solana's strength is built on real usage, significant institutional traction, and new exposure to Wall Street. These factors suggest underlying fundamental strength that many market participants may be overlooking, presenting a potential opportunity for traders.

According to @MilkRoadDaily, Solana (SOL) is attracting significant institutional interest beyond the retail sector. The institutional digital asset exchange, Bullish, is reportedly moving its custody and trading infrastructure onto the Solana blockchain. This strategic shift involves the use of native stablecoins on the network, indicating a strong vote of confidence from institutional players in Solana's capabilities and potentially serving as a bullish signal for the SOL token's valuation and ecosystem growth.

According to @MilkRoadDaily, the first US-listed Solana Staking ETF, with the ticker $SSK, has been launched by REX Shares. This new financial product provides traditional investors with direct price exposure to Solana (SOL) and access to its on-chain staking yield. A key feature highlighted is that 100% of the staking rewards generated are distributed back to the ETF's shareholders. The launch of $SSK introduces a native Solana yield product to Wall Street, potentially increasing institutional and retail investor access to SOL's ecosystem and its yield-generating capabilities.

According to the source, several key developments within the Solana (SOL) ecosystem could precede significant price movements. The source highlights two major catalysts: decentralized exchanges (DEXs) on the Solana network are reportedly breaking trading volume records, and institutional interest from Wall Street in SOL staking is growing. These factors suggest increasing network activity and institutional adoption, which traders should monitor as potential leading indicators for future SOL price valuation before the market reacts.

According to @MilkRoadDaily, decentralized applications (Dapps) on the Solana network generated a substantial $2.36 billion in revenue during the first quarter of 2025. This metric, referred to as 'Solana's GDP,' indicates robust economic activity on the blockchain. The source also notes that this growth is accelerating, which could be a bullish signal for traders, suggesting increased network utility and potential positive price pressure on the native SOL token.

According to @MilkRoadDaily, the Solana (SOL) network has processed an impressive $615 billion in trading volume over the last six months. This figure is significant for traders as it reportedly surpasses the entire historical trading volume of most other alternative Layer-1 blockchains. The high volume is a key indicator of a thriving ecosystem, suggesting a high degree of user trading activity, active development from builders, and substantial capital inflow, all of which are bullish signals for the network's long-term value and the price of SOL.

According to @MilkRoadDaily, the $96 billion fintech giant Fiserv is launching its new USD stablecoin, named FIUSD, directly on the Solana (SOL) network. This move is cited as a significant selection of Solana for real-world infrastructure, representing a major institutional adoption that could positively impact the Solana ecosystem and the trading value of its native token, SOL, by integrating a major traditional finance player.

According to @MilkRoadDaily, the Solana (SOL) network demonstrated significant activity by processing 2.3 billion transactions in June, with July's volume already on track to exceed that figure. This high transaction count is a critical metric for traders as it directly indicates substantial network usage. The analysis suggests a direct correlation where increased transactions equal higher usage, which is a fundamental driver for value accrual for the Solana ecosystem and its native token, SOL.

According to @MilkRoadDaily, the Solana (SOL) network has demonstrated significant reliability by maintaining 100% uptime for more than 16 consecutive months. Since its last outage in February 2024, the blockchain has successfully processed approximately 24.46 billion transactions without any downtime. This sustained performance highlights the robustness of Solana's infrastructure, a critical factor for traders and developers who rely on the network's stability for high-frequency transactions and dApp operations.

According to Farside Investors, the REX-Osprey Solana ETF (ticker: SSK) recorded a substantial daily inflow of $11.4 million. This significant capital injection into a Solana-based exchange-traded fund suggests strong buying interest from investors using traditional financial vehicles, which could be a bullish indicator for the price of Solana (SOL) by reflecting growing institutional and retail demand.

According to @MilkRoadDaily, the ongoing competition between Ethereum (ETH) and Solana (SOL) is not a zero-sum game for crucial sectors like stablecoins, Real-World Assets (RWAs), and other tokenized assets. The analysis suggests that these high-growth applications do not need to be exclusive to one blockchain. For traders, this implies that economic activity and value will likely be distributed across both chains, supporting a multi-chain investment strategy rather than a 'winner-takes-all' outcome for either ecosystem.

According to Farside Investors, the REX-Osprey Solana ETF, trading under the ticker SSK, recorded zero net flow. This data from Farside Investors indicates a neutral day for the fund, with no new investment capital entering or exiting. For traders monitoring institutional interest in Solana (SOL), a zero-flow day suggests a temporary pause or equilibrium in market demand for this specific ETF product.

According to PeckShieldAlert, the cryptocurrency exchange BigONE has been exploited, resulting in a loss of approximately $28 million in digital assets across several blockchains. The security breach involved the theft of $14 million in Bitcoin (BTC), $7 million in various cryptocurrencies from Ethereum and BNB Chain which were later consolidated on the Ethereum network via a cross-chain bridge, $7 million in TRON (TRX), and $500,000 in Solana (SOL). Traders should monitor the movement of these stolen funds, as their liquidation could introduce selling pressure on the respective assets.