Overview
- The 3‑day SuperTrend flipped to a buy on July 4, its first positive signal since October 2025, and SOL now trades around $78–$82 with immediate resistance near $84.
- Network metrics show usage climbing toward yearly highs with daily transactions near 137–158 million and roughly 1.6 million new addresses added in mid‑June to early July.
- Institutional tokenization activity increased, including Securitize’s NYSE listing and a reported $295 million tokenized-share issuance, and U.S. spot Solana ETFs recorded fresh inflows.
- Alpenglow test results reported sub‑150 millisecond finality for most validators and more than 98% validator approval in tests, which could lower validator costs and broaden participation if deployed.
- Market structure is mixed: about 1.5 million SOL reportedly left exchanges, derivatives funding is slightly positive and top traders lean long, but concentrated whale leverage creates clear liquidation levels to monitor.