Solana News - May 29, 2026

📈 Solana (SOL)

Current Price: ~$131.40 (+1.19% in 24h)

Top News:

Solana has successfully breached the psychological $130 threshold, entering Friday's session with sustained bullish momentum and establishing a local high near $132. The primary driver for today's market strength is the official announcement from Washington that the full Senate floor vote for the CLARITY Act has been formally scheduled for next Tuesday. This definitive timeline has sent a wave of confidence through institutional circles, resulting in an aggressive spike in spot SOL ETF accumulation as asset managers look to position themselves ahead of the vote.

On-chain metrics reflect an incredibly healthy network environment. The volume of stablecoin transactions flowing through the Pay.sh infrastructure has reached another consecutive daily peak, driven by autonomous enterprise AI agents expanding their utilization of Google Cloud-powered API endpoints. Simultaneously, core developer data indicates that validator participation on the Alpenglow testnet is holding at optimal capacity, cementing the network's fundamental readiness for its high-throughput, low-latency mainnet transition later this summer.

Key Resistance: $135.00

Key Support: $126.50

Upcoming Catalyst: Full Senate Floor Vote on the CLARITY Act (Tuesday, June 2, 2026)