Gate News bot message, Solana maintains its position at the top of major blockchain metrics rankings, even as the meme coin narrative cools down and traders reduce risk exposure during weak market conditions. While Solana is frequently linked to meme coin activities and on-chain gambling, the blockchain continues to outperform other chains across most key performance indicators despite the shift in market sentiment.
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Upexi's revenue doubled but recorded a $179 million loss, with SOL's decline dragging down the digital asset treasury performance
Upexi announces financial report, with Q2 revenue reaching $8.1 million, a year-over-year increase of approximately 100%. Digital asset business contribution is significant; however, due to the decline in SOL price, the company recorded a net loss of $179 million. Management plans to explore new revenue strategies to reduce the impact of asset volatility.
GateNewsBot2h ago
Solana $SOL Dips Into Key Support — Could This Pattern Trigger a Bounce Back?
Key Takeaways
Solana has dropped nearly 15% weekly, tracking broader altcoin weakness
SOL is testing a major support zone near $95,
CoinsProbe7h ago
Data: 74,500 SOL transferred out from degen-retard.sol, routed through an intermediary, then sent to another anonymous address
ChainCatcher message: According to Arkham data, at 01:26, 74,500 SOL (worth approximately $5.9 million) was transferred from degen-retard.sol to an anonymous address (starting with JAiC8Rf5...).
GateNewsBot8h ago
Data: 75,200 SOL transferred from an anonymous address, worth approximately $5,886,600.
ChainCatcher reports that, according to Arkham data, at 01:08, 75,150.89 SOL (worth approximately $5,886,600) was transferred from an anonymous address (starting with 26bmhQ...) to degen-retard.sol.
GateNewsBot8h ago
Solana Price Holds Near $85 as Resistance at $88 Continues to Limit Upside
Solana is trading at around $85.44, down 2.1% and the 4-hour chart has the price capped below the resistance at $88.59.
A gap in fair values of almost $83 has not been reached yet, which attracts as the price moves in a tight band.
Otherwise, immediate support was surrounded by an area of
CryptoNewsLand8h ago
Data: USDC Treasury has minted an additional 250 million USDC on the Solana chain
ChainCatcher message: According to Whale Alert monitoring, the USDC Treasury has minted an additional 250 million USDC on the Solana chain.
GateNewsBot9h ago
