In this video I break down the current state of the Solana price trend and why the market still lacks evidence of a meaningful bear market bottom. We analyze the critical resistance zones Solana must clear to turn bullish and the downside support levels that remain in play if the bearish structure continues.
I cover the Elliott Wave outlook for Solana, discussing the potential for a larger wave-2 correction and the specific Fibonacci retracement levels where support may align. Whether you are tracking the short-term microstructure or the higher-timeframe outlook, this analysis helps map out the potential scenarios for the next leg in Solana price action.
Start Trading Solana >>
Solana (SOL) Price News & Insights Today 30-7-2026 - Technical analysis, focusing on market structure, key support and resistance zones. Video by More Crypto Online.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
Solana Insights Today
As of July 30, 2026, the price of Solana (SOL) is trading at $73.57 USD (€64.08 EUR), reflecting a -5.61% decline over the past 24 hours and a -7.96% drop over the last 7 days. Broad macroeconomic pressures—including heightened geopolitical tensions in the Middle East, a hawkish Federal Reserve stance, and strict tariff actions—have dampened risk appetite across the broader cryptocurrency market.
1. Morgan Stanley Expands Distribution Advantage - Institutional adoption took a massive leap forward this week. Morgan Stanley launched spot Solana digital asset products across its network. Available to its 16,000 financial advisors and directly via the E*TRADE platform, these funds utilize CoinDesk benchmark indexes. They feature a highly competitive 0.14% management fee and pass standard staking rewards back to investors via infrastructure providers like Coinbase and Figment.
2. Mainnet Upgrade Boosts Block Capacity by 66% - The network successfully deployed the SIMD-0286 update directly to its mainnet. This critical upgrade raises the compute unit limit per block from 60 million to 100 million. This structural optimization scales transaction throughput by 66%, expanding block space for decentralized applications (dApps) and high-volume trading platforms during peak congestions.
3. Network Roadmap and Live Community Call - Solana is hosting its live Solana Ecosystem Call today, July 30th, to address ongoing community development. These discussions are occurring alongside anticipation for the upcoming Alpenglow Consensus Upgrade slated for late Q3 or early Q4 2026. Alpenglow is engineered to shrink transaction finality down to a lightning-fast ~150ms, positioning the network as the premier layer for institutional tokenized Real World Assets (RWA) and global stablecoin settlements.
Buy Solana >>
