Solana Price Surges Above $81 Amid Record Network Activity

Solana's price has extended its July rally after reaching record highs in network activity, tokenized stock issuance, and steady ETF inflows.

The cryptocurrency climbed above $81 as institutional adoption on the network continued to expand, with Securitize tokenizing $295 million worth of New York Stock Exchange-listed common stock on Solana following its SPAC debut.

Network activity has expanded at the same time, with Solana processing over one billion weekly non-vote transactions for the first time and reaching an all-time quarterly high in tokenized asset spot volume.