Solana (SOL) is hovering around the mid-$80s as traders look for a new directional catalyst, with attention split between potential ETF momentum and a major network upgrade slated for later this year. The token was trading at $86.90 as of May 21 UTC, up 1.36% on the day but down 6.99% over the past week, underscoring the market’s caution despite pockets of improving demand.
With a market capitalization of roughly $50.2 billion, Solana ranks seventh among cryptocurrencies and represents about 1.94% of the total crypto market. While the broader layer-1 landscape remains competitive, SOL’s… Read more
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