Latest Market News & Updates Solana

2026-02-10

Phantom Chat Faces Scrutiny After $264K Address Poisoning Attack

Phantom Chat, a popular wallet interface on Solana, is under intense scrutiny after users fell victim to a phishing attack known as address poisoning, resulting in a loss of $264,000 in Wrapped Bitcoin. The exploit highlighted vulnerabilities in the wallet's user experience, particularly how malicious actors can deceive users into sending funds to fraudulent addresses. The incident has reignited debates on wallet security and the importance of robust anti-phishing measures. (Source) For the Solana ecosystem, this event underscores the persistent risks associated with user-facing infrastructure and the importance of ongoing security improvements. While not a direct flaw in the Solana protocol, high-profile exploits can erode user trust and dampen retail enthusiasm, potentially leading to short-term downward pressure on SOL’s price and trading volume.

2026-02-10

Solana Treasuries Hold Over $1.5B in Unrealized Losses

Recent reports indicate that public companies with substantial Solana holdings have recorded more than $1.5 billion in paper losses as equity markets mark down the value of their SOL-heavy balance sheets. This development has led several firms to pause further SOL accumulation, awaiting more favorable market conditions before resuming purchases. (Source) This situation signals the challenges of corporate crypto treasury management during volatile market cycles. Prolonged paper losses could pressure these companies to offload assets or mark down valuations, adding selling pressure to the market and weighing on SOL’s price recovery in the medium term.

2026-02-09

Technical Analysis: SOL and Major Altcoins Face Persistent Selling Pressure

Bitcoin and major altcoins, including Solana, are encountering robust selling pressure at their range highs, raising concerns about market stability. Technical analysts are closely examining chart patterns to determine if a bottom is forming or if further declines are likely. (Source) For SOL, the continued struggle to break resistance could keep prices suppressed in the near term. Investors may remain cautious, waiting for clearer bullish signals before re-entering, which could prolong the consolidation phase for Solana and the broader altcoin market.

2026-02-09

Solana Charts Signal Bearish Head-and-Shoulders Pattern Targeting $50

Solana’s price action has confirmed a classic head-and-shoulders pattern across multiple time frames, with technical projections pointing to a potential move toward $50. Such patterns are typically interpreted as bearish, suggesting further downside risk if support levels fail to hold. (Source) A breakdown to $50 would represent a significant retracement from recent highs and could trigger liquidations, eroding investor confidence. For the coin market, this reinforces a risk-off sentiment, possibly accelerating rotation into stablecoins or more defensive assets.

2026-02-06

Crypto Market Rebounds: SOL Among Altcoins Posting Double-Digit Gains

After a sharp sell-off, Bitcoin and altcoins like Solana have staged notable double-digit rebounds. Market watchers are debating whether the rally marks the start of a longer-term recovery or is merely a temporary bounce before further downside. (Source) For Solana, the strength of the rebound is critical. Sustained upward momentum could attract sidelined capital and support a broader market recovery. However, if the bounce fades, SOL may resume its downtrend, mirroring general market uncertainty.

2026-02-05

Solana Foundation Urges Focus on Real Finance Amid Crypto Value Declines

A senior leader from the Solana Foundation, Liu, called for renewed focus on practical finance use cases as cryptocurrency values decline and industry narratives narrow. This perspective reflects a broader industry shift toward emphasizing the tangible utility of blockchain technology over speculative hype. (Source) For Solana, doubling down on real-world financial applications could help differentiate the ecosystem and foster sustainable growth, especially as investor appetite for speculative assets wanes. This pivot could support long-term value creation, even if short-term sentiment remains weak.

2026-02-05

Multiliquid and Metalayer Launch Instant Redemption Backstop for RWAs on Solana

Multiliquid and Metalayer have introduced a facility enabling institutions to instantly redeem tokenized real-world assets (RWAs) for stablecoins on the Solana blockchain. This innovation aims to resolve a significant liquidity bottleneck in on-chain markets, improving the appeal of Solana for institutional-grade asset tokenization. (Source) Enhanced RWA liquidity positions Solana as a more attractive platform for asset managers and financial institutions, potentially driving new inflows and expanding the blockchain’s utility beyond DeFi and NFTs. Such infrastructure improvements may underpin medium- to long-term growth for SOL.

2026-02-05

Kyle Samani Departs Multicoin to Explore New Tech Horizons

Kyle Samani, a prominent Solana supporter and co-founder of Multicoin Capital, has left the firm to pursue emerging technologies. Samani’s journey reflects a pivot from Ethereum to Solana due to his views on scaling solutions, making his departure notable for the Solana community. (Source) While Samani’s exit could be seen as a loss of a high-profile advocate, his ongoing engagement in crypto and his role at Forward Industries mean Solana retains industry champions. The move is unlikely to have an immediate impact on SOL price but is relevant for longer-term ecosystem leadership dynamics.

2026-02-04

Multicoin Capital Co-founder Kyle Samani Steps Down After Nearly a Decade

Kyle Samani announced his resignation from Multicoin Capital, expressing continued belief in cryptocurrency’s transformative power. Samani will serve as chairman at Forward Industries, a Solana treasury company, underscoring his ongoing commitment to the blockchain space. (Source) Samani’s departure may prompt strategic shifts at Multicoin, but his continued involvement with Solana-linked projects provides stability for the ecosystem. The news is neutral to slightly positive for Solana, signaling experienced stewardship remains in place.

2026-02-04

Bitcoin Hits 15-Month Low, Potential Rebound Eyed for SOL

Bitcoin’s price fell to a 15-month low of $72,169, causing ripple effects across major altcoins, including Solana. Analysts suggest the possibility of a rebound rally before the weekend, but caution that charts could point to further downside, potentially revisiting levels near $56,000. (Source) For Solana, continued Bitcoin weakness could limit upside, as correlations remain high. However, any sign of stabilization or rebound in BTC could provide a tailwind for SOL and the broader market, offering tactical entry points for investors.

2026-02-04

CoinDesk 20: Solana Drops 5.3% Amid Broad Market Declines

Solana (SOL) experienced a 5.3% drop as nearly all assets in the CoinDesk 20 index declined. Uniswap (UNI) was another notable underperformer, down 3.6% from the previous session. (Source) The synchronized downturn across major assets highlights systemic risk-off sentiment, reducing demand for riskier altcoins like Solana. In the short term, SOL may struggle to outperform until broader market sentiment improves.

2026-02-03

Standard Chartered Predicts $2,000 SOL by 2030 Despite Short-term Downgrade

Standard Chartered’s analyst Kendrick Geoffrey revised Solana’s 2026 price target downward from $310 to $250, citing recent volatility. However, he remains bullish on SOL’s long-term prospects, projecting a $2,000 valuation by 2030 if stablecoin micropayments and utility adoption accelerate beyond the current memecoin focus. (Source) The tempered short-term outlook reflects prevailing market uncertainty, but the bullish long-term forecast could underpin investor confidence in SOL’s structural value, encouraging patient capital to hold through volatility.

2026-02-03

SOL Price Bottomed at $100? Technicals Hint at 150% Rally

Solana’s drop to $100 is being viewed by some analysts as a buy-the-dip opportunity, with technical indicators suggesting a possible recovery to $260—a 150% rally from recent lows. Optimism is driven by chart patterns and the perception of oversold conditions. (Source) If realized, such a rally would restore confidence and likely attract renewed retail and institutional interest in Solana. However, technical recoveries depend on broader market conditions and risk appetite, so caution is still warranted.

2026-02-03

Moscow Exchange to Add SOL Futures for Qualified Investors

The Moscow Exchange announced plans to introduce SOL, XRP, and TRX futures contracts, based on token indices and settled in rubles, for qualified investors only. This move expands regulated crypto derivatives access in Russia, with Solana included among the first offerings. (Source) Listing SOL futures on a major exchange enhances market maturity and could boost institutional participation in Solana. Increased derivatives trading may improve price discovery and liquidity, benefiting SOL’s long-term profile.

2026-02-03

German ING Accounts Now Offer Direct Access to Solana Products

German investors can now purchase Solana-based products directly through their ING accounts, with new regulations aligning the tax treatment of these products with that of directly held cryptocurrencies. This regulatory clarity is expected to lower barriers for retail and institutional investors. (Source) Easier access and favorable tax treatment could stimulate demand for SOL in Germany, one of Europe’s largest economies. Such developments support Solana’s global adoption narrative and may have a positive impact on market sentiment.

2026-02-06 @CoinDesk

Price predictions 2/6: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR. Bitcoin and altcoins experienced significant double-digit price rebounds following a recent sell-off. The current rally raises questions about whether it indicates a longer-term recovery or if it is merely a temporary bounce.

2026-02-05 @SolanaFoundation

Solana Foundation’s Liu urges refocus on finance as crypto slides and narratives narrow. Liu's comments arise amid a significant decline in cryptocurrency values, prompting other industry leaders to refine their perspectives on the utility of blockchain technology.

2026-02-05 @Multiliquid

Multiliquid, Metalayer launch instant redemption backstop for RWAs on Solana. Multiliquid and Metalayer have launched a new facility that enables institutions to instantly redeem tokenized real-world assets for stablecoins on the Solana blockchain. This development aims to resolve a significant liquidity bottleneck in on-chain markets.

2026-02-05 @KyleSamani

Kyle Samani leaves Multicoin in ‘bittersweet moment’ to explore new tech. He became a fan of Solana in 2018, shifting his preference from Ethereum due to dissatisfaction with Ethereum's scaling solutions.

2026-02-04 @MulticoinCapital

Multicoin Capital co-founder Kyle Samani steps down after nearly a decade to pursue other areas of tech. Samani expressed strong confidence that cryptocurrency will fundamentally transform the financial landscape. He will continue to serve as chairman of Forward Industries, the treasury company associated with Solana.

2026-02-04 @CoinDesk

CoinDesk 20 performance update: Solana (SOL) drops 5.3% as nearly all assets decline. Uniswap (UNI) experienced a decline of 3.6% from Tuesday, making it one of the underperformers in the crypto market.

2026-02-03 @StandardChartered

Solana to reach $2,000 by 2030 despite recent plunge to $100, says Standard Chartered. Analyst Kendrick Geoffrey has reduced his 2026 forecast for Solana (SOL) from $310 to $250. He believes that stablecoin micropayments could lead to a long-term increase in value as Solana evolves beyond memecoins.

2026-02-03 @MoscowExchange

Moscow Exchange to add SOL, XRP, and TRX futures contracts to crypto derivatives lineup. New contracts for cryptocurrencies will be introduced, based on indices for each token, settled in rubles, and available exclusively to qualified investors.

2026-02-03 @INGGermany

Germans can now buy bitcoin, ether, solana products directly from their ING accounts. Certain crypto products in Germany are now subject to the same tax treatment as directly held bitcoin. This change aligns the taxation of these products with that of traditional cryptocurrencies, potentially impacting investors and the broader crypto market in the country.

2026-02-02 @ParaFiCapital

ParaFi Capital makes $35M investment in Solana-based Jupiter. ParaFi Capital has made a $35 million investment in Jupiter, a Solana-based platform. This marks Jupiter's first outside capital, structured as a market-priced token purchase with extended lockup periods.