Solana News Today: Bitwise ETF, App Revenue and Governance Updates

Archi Sharma
Archi Sharma
Published:
Solana News Today: Key Developments to Watch

What Are the Top Solana News Stories Today?

Solana kept up its momentum this week. A major ETF posted strong inflows. The network kept leading rivals in app revenue. Big governance votes are now set to begin. Each story points to growing confidence in the chain. This Solana news update covers all three stories, with sources named throughout.

Key Takeaways:

  • Bitwise's SOL staking ETF pulled in over $20M in inflows this week.

  • It led every blockchain in app revenue again last week.

  • Three major governance proposals go to a vote starting Sunday.

Bitwise's SOL Staking ETF Sees $20M Weekly Inflow

Bitwise CEO Hunter Horsley shared the update on X. He said inflows into their SOL staking ETF, BSOL, topped $20 million this week. Horsley called the performance exciting. He said capital markets are moving onchain fast, and the network was built for this shift. BSOL first launched back in October 2025. It offers SOL spot exposure plus staking rewards. Investors get both price exposure and passive yield in one product. That combination keeps drawing fresh capital into the fund. This is one of the bigger SOL news crypto stories for ETF watchers this week.

Solana Tops All Chains in App Revenue Again

It topped every blockchain in app revenue again last week. DefiLlama data confirms that the network held the number one spot. This marks another strong week for the network's earnings. 

App revenue reflects real usage, not just price moves. It comes from fees paid across trading apps, games, and DeFi platforms. A leading spot here suggests builders keep choosing the network. Rising revenue is a good sign for Solana ecosystem news watchers.

Solana Tops All Chains in App Revenue Again

Source: DefiLlama data

Major Governance Votes Begin This Sunday

SolanaFloor flagged three governance votes on X. Voting begins Sunday at epoch 1021, covering key network updates. 

  • SGP 1 introduces the Solana Constitution, a new governance framework. 

  • SGP 2 doubles disinflation, cutting about 18.9 million tokens, worth nearly $1.7 billion, in emissions over six years. Lower emissions could ease long-term sell pressure on the token. 

  • SGP 3 proposes a Resource and Inclusion Fee, which could raise SOL burn from roughly 648 to 9,000 SOL per day. A higher burn rate would pull more supply out of circulation over time.

Major Governance Votes Begin This Sunday

Source: SolanaFloor X post

These proposals rank among the bigger crypto news today stories for the network's future. Token holders should watch the outcome closely.

Today's Market Snapshot

Here's the Solana news today live update from the price charts. SOL price trades near $94.26 right now. It's up 3.2% over the past 24 hours. The 24-hour range spans $89.45 to $102.37.

Metric

Value

Price

$94.26

24h Change

+3.2%

24h Range

$89.45 – $102.37

Market Cap

$54.968B

24h Trading Volume

$8.913B

Market Rank

#7

This SOL price data comes from the live market tracker of CoinGecko. Market cap sits at $54.968B, with $8.913B in 24-hour trading volume. Trading volume has climbed sharply alongside this week's news flow.

Coin Gabbar Analysis

A strong week for the network overall. ETF demand, revenue, and governance all moved together. Steady BSOL inflows show real investor confidence. Leading app revenue confirms strong onchain usage. The governance vote could reshape long-term token economics if SGP 2 and SGP 3 pass. A tighter supply, paired with rising demand, often supports price over time. Anyone following the latest Solana news should watch epoch 1021 closely.

Conclusion

That wraps up today's Solana news. Momentum keeps building across ETFs, revenue, and governance. All three trends point the same direction this week. This covers the major updates for the last 24 hours. Check back tomorrow for more updates.

Disclaimer: This article is for informational purposes only. It is not financial advice. Crypto markets are volatile and carry risk. Always do your own research before investing.

Archi Sharma

About the Author Archi Sharma

English Blog Writer at coingabbar.com

With over one year of experience in the crypto space, Archi Sharma specializes in creating insightful and engaging content on blockchain, cryptocurrencies, and market trends. His writing helps readers understand complex topics while staying updated on the latest developments in the crypto world.

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