Solana — Page 2

Open interest around $344.6M alongside the Q2 print points to liquidity rotating venues, not exiting derivatives.

Traders are mapping a $1.62–$2.00 upside zone, but higher-timeframe structure and volume signals stay mixed.

RWA.xyz data shows distributed value rose to $2.16B and holders topped 409,000 as platform growth concentrated in a few issuers.

Oil rose more than 2% to $72.27 and DXY held above 101.00 as ETH, XRP, and SOL fell 1%–2.3%.

The bounce was tied to a bearish squeeze and softer U.S. data, with the next inflation print set as the follow-through test.

Ethereum’s Glamsterdam and Solana’s Alpenglow target major mechanics changes, while Bitcoin lacks an agreed activation path.

New rules gate proposal creation at 100,000 delegated SOL and require 15% active-stake endorsements to reach a vote.

The bank also spotlights Hyperliquid-style fee capture and initiates coverage on FWDI and CYPH as treasury operators.

The advisory pact targets an Alatau “Crypto Cluster” pilot zone while a reported $6B roadshow pipeline remains unverified.

Coinglass data showed BTC on track for a second straight red quarter as major altcoins fell harder on the week.

Back-to-back moves split market framing between EF stress signals and a leaner, more decentralized R&D stack.

SpaceX stock perpetuals also climbed to $812M notional open interest, concentrated on Hyperliquid and Binance.

SkyAI let a $1.55-per-share proposal expire without responding as Forward sits on a large SOL drawdown.

One target declined and the other did not respond as FWDI leans on scale and a late-June Russell inclusion catalyst.

X402 usage is still largely USDC on Base and Solana, and Ripple disclosed no production XRPL volumes.

He pegged post-peak redemptions at roughly $9B while noting SOL, XRP and Hyperliquid ETFs are still adding assets.

BTC held near its 200-week average as $213.85M left spot ETFs and traders looked to the June 17 Fed decision and an expected SpaceX IPO.

The exchange is pitching the products as regulated derivatives as MiCA’s July 1, 2026 authorization deadline approaches.

SoSoValue data shows redemptions clustered early in June, with IBIT alone at about $1.34B of the week’s net outflows.

The planned ABRX debut is paired with Solana-based tokenized yield products, including USDAF and a planned bitcoin yield product, BTCAF.