On August 27, SOL traded at $82.23, up 6.6% on the day and 8.8% on the week. Market cap stands at $47.9 billion with daily volume of $3.4 billion.
The rally coincided with Treasury's doubled bond-buyback announcement and White House developments on crypto regulation. New SEC token rules also fueled broader market optimism.
Solana processed 4.2 billion transactions in July 2026. Tokenized assets on the network have grown to nearly $4 billion in value.
Galaxy Digital introduced SOL-backed credit lines, allowing investors to borrow against staked Solana. This new facility expands use cases for the asset.
SOL rejected $100 but remains well above support levels. If altseason momentum continues alongside Treasury support, $90+ could hold as consolidation range heading into September.
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