Solana posts first green monthly candle in 10 months during August 2026

  • Solana posted its first positive monthly candle in 10 months during August 2026.
  • $4.35 billion marked a new all-time high for Solana’s RWA ecosystem.
  • BNB Chain ranked second with 9% of tracked memecoin volume on September 7.

Solana recorded its first positive monthly candle in 10 months in August 2026, while its monthly MACD approached a bullish crossover and its monthly RSI broke a downtrend that had lasted nearly two years. SOL remains well below previous highs, and one positive month alone does not establish a full trend reversal. The network’s real-world asset ecosystem reached a record $4.35 billion, with RWA holders surpassing 420,000 wallets. On September 7, Solana accounted for about 67% of tracked multichain spot decentralized-exchange memecoin volume, compared with Robinhood’s 23% and BNB Chain’s 9%. The price improvement, RWA milestone and memecoin-volume lead were the latest data points highlighted for Solana as of September 9.

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