SOL (Solana) increased by 2.32% in the last 24 hours

GateNews
SOL3,74%
USDC0,01%
BTC3,6%

Gate News Bot Message, January 5th, according to CoinMarketCap data, at press time, SOL (Solana) is trading at $136.82, up 2.32% in the past 24 hours, with a high of $137.35 and a low of $122.43. The 24-hour trading volume reached $3.359 billion. The current market capitalization is approximately $77.067 billion, an increase of $1.749 billion from yesterday.

Important recent news about SOL:

1️⃣ Major upgrade to consensus mechanism drives leap in network performance
Solana plans to roll out the “Alpenglow” consensus upgrade in phases from early to mid-2026. This upgrade will fundamentally reconstruct the existing Tower BFT and historical proof mechanisms. The new architecture introduces the Votor component, which adopts a lightweight voting aggregation model, allowing blocks to be finalized within one to two confirmation rounds; the Rotor component reworks the block propagation mechanism, reducing propagation delay to as low as 18 milliseconds under typical bandwidth conditions. Overall, the Alpenglow upgrade is expected to shorten the theoretical finality latency from 12.8 seconds to 100-150 milliseconds, nearly a 100-fold performance increase. This groundbreaking improvement provides a solid technical foundation for Solana to compete with mainstream centralized exchanges and further enhances its appeal for high-frequency trading applications and institutional users.

2️⃣ Large-scale stablecoin issuance and liquidity ecosystem optimization
Circle has minted 750 million USDC on the Solana blockchain, marking Solana’s first large-scale stablecoin issuance this year, indicating that liquidity funds are about to actively flow into the market. Historically, large-scale stablecoin issuance signals increased trading activity, DeFi protocol expansion, and imminent institutional capital entry. USDC, as one of the leading stablecoins, plays a core role in spot trading, lending, liquidity mining, and on-chain settlement. Sufficient stablecoin liquidity will directly improve capital efficiency for automated market makers, lending platforms, and derivatives protocols within the Solana ecosystem, reducing trading friction. This liquidity injection lays a key groundwork for trading growth and DeFi expansion in 2026.

3️⃣ Record high in real-world asset tokenization, clear institutional adoption trend
The tokenized RWA (Real-World Assets) value on the Solana platform has reached a record $873.3 million, nearly a 10% increase in the past month, with the number of holders growing over 18.4% to 126,236. Major holdings include U.S. debt assets such as BlackRock USD Institutional Digital Liquidity Fund (about $255.4 million) and Ondo US Dollar Yield (about $175.8 million), along with tokenized stocks like Tesla xStock and Nvidia xStock accelerating growth. BackedFi has tokenized nearly $1 billion in U.S. equities on the Solana network. This trend indicates Solana is evolving from a speculative trading platform to an institutional-grade application platform, with diversified use cases helping to smooth market cycles and attract long-term capital. If the U.S. passes the CLARITY Act in 2026, the tokenization wave could accelerate further, with Solana poised to benefit significantly in the RWA sector.

4️⃣ Continued inflow into spot ETFs and building institutional capital structure
Solana’s spot ETF has maintained steady capital inflows recently, with a daily net inflow of 39,700 SOL (about $397,000), and a total net inflow of 96,181 SOL over 7 days. This contrasts sharply with Bitcoin ETF outflows of 2,061 BTC (about $184 million) and Ethereum ETF outflows, indicating increasing institutional preference for Solana. Additionally, Solana founder Toly proposed a long-term capital structure plan emphasizing capital accumulation through staking mechanisms rather than buybacks, allowing long-term holders to gain greater actual equity. This concept complements the continuous inflow of spot ETF funds, jointly supporting SOL in establishing a more stable long-term value foundation.

This message is not investment advice; please be aware of market volatility risks.

View Original
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

Solana Foundation Launches Token Search and Liquidity Aggregator Tokens on Solana

The Solana Foundation has launched Tokens on Solana, a token search and liquidity aggregator that consolidates various token variants of non-native assets, offering a one-stop search function and key data to help users identify the best trading opportunities. Additionally, it will utilize AI and manual curation to publish global news.

GateNews18m ago

Solana Chain Meme Coin Punch Market Cap Surges to $16.5 Million Short-term, 24-Hour Gain of 49%

The Solana-based meme coin Punch experienced a brief surge on March 17, with its market cap rising from 10 million dollars to 16.5 million dollars at its peak, currently trading at 13.7 million dollars, up 49% in 24 hours. This increase is related to its winning a community listing vote on a certain trading platform. However, due to the high volatility of meme coin trading, investors should exercise caution.

GateNews1h ago

US SOL Spot ETF saw net inflows of $2.8213 million yesterday, with BSOL showing outstanding performance

As of March 16, U.S. SOL spot ETFs recorded a single-day net inflow of $2.8213 million, with Bitwise Solana Staking ETF net inflow of $3.1756 million and Fidelity Solana Fund ETF net outflow of $1.12 million. Current SOL spot ETF total assets under management stand at $919 million, with cumulative historical net inflows reaching $972 million.

GateNews2h ago

Solana Price Prediction: SOL and Ethereum Rally on Institutional Backing as Pepeto’s Presale Targeting 269x

Strategy Inc disclosed a massive Bitcoin acquisition, pushing its total BTC holdings beyond 641,000 and signaling that institutional confidence remains intact. Layer 1 ecosystems like Solana and Ethereum, both showing resilience after recent consolidation, saw fresh interest from investors

CaptainAltcoin8h ago
Comment
0/400
No comments