Solana (SOL) rose 10.4% in 24 hours to $86.67 on August 20, lifting its seven-day gain to 13.8%. CoinGecko data at 1:45 pm UTC showed a 24-hour range of $78.33 to $87.97 and a seven-day range of $74.20 to $87.97. Market capitalization reached $50.548 billion, fully diluted valuation was $54.841 billion and 24-hour trading volume totaled $5.693 billion. The move came as Bitcoin, Ethereum and other large-cap cryptocurrencies advanced during a wider market recovery. The rally followed the Securities and Exchange Commission’s August 18 proposal of Regulation Crypto Assets, which outlined new exemptions and a conditional safe harbor for certain crypto investment contracts, after a March 2026 interpretation on federal securities laws and specific crypto assets and transactions. Trading indicators were broadly positive, with the one-day technical summary at buy and moving averages at strong buy, while the RSI remained neutral at 49.59. SOL was still about 70.5% below its January 19, 2025, record high of $293.31.