6-21
Solana rejects ‘shilling’ claims as SOL rises nearly 5% and breaks above $170
Solana’s latest move reignited claims that SOL’s rally was driven by “shilling,” after a high-profile X post triggered a burst of social-media attention. But price action and on-chain signals point to more than hype, with SOL gaining nearly 5% on 20 June and pushing above $170. The SOL/ETH ratio also jumped 4.6%, indicating Solana outperformed Ethereum as traders reassessed the move’s drivers.
SOL
SOL-0.53%
6-21
6-14
XRP and Solana stand out on flows as BTC dominance holds near 60% and $60k breaks
Despite little evidence of broad capital rotation into altcoins, XRP and Solana are drawing selective interest while Bitcoin dominance stays near 60% and BTC recently lost the $60k level. Solana saw another 750 million USDC minted and its RWA total topped $3 billion, while XRP led weekly ETF flows for five straight weeks with more than $2 million in net inflows last week versus a $19 million BTC outflow. The setup suggests these large caps could be better positioned if Bitcoin shifts back to a risk-on regime.
XRP
XRP-2.25%
6-14
6-14
Bitcoin signals diverge: Kalshi traders put 69% odds on a $55K dip before $100K
Bitcoin has been rangebound near $65K as macro conditions appear to improve, raising talk of a potential liquidity sweep before a higher move. However, on-chain readings and elevated Open Interest still look fragile, with ETF flows staying negative and the STH MVRV leaning toward capitulation. In that context, Kalshi traders are pricing 69% odds that BTC drops to $55K first, before any push toward $100K.
BTC
BTC-2.12%
6-14
6-14
Solana draws tokenized equities and CLOs as SOL stays below $100 in downtrend
Tokenization activity is increasingly landing on Solana, including Exodus Markets’ rollout of more than 200 tokenized stocks, ETFs, and RWAs, plus plans to bring Securitize’s tokenized AAA CLO fund to the network alongside a proposed $250 million allocation from Ethena. At the same time, SOL remains below $100 and has been in a broader downtrend for nearly eight months, highlighting a gap between on-chain adoption and price performance.
SOL
SOL-0.53%
6-14