Wednesday, July 29, 2026 · SOLTRACER market wrap
Two protocol upgrades in eight days, and the network didn't blink.
SOL market moves
SOL printed $73.77, down 0.5% over 24 hours and 5.5% over 7 days. It is up 3.5% over 30 days. Market cap was about $43.0B, with $1.79B in 24-hour volume.
On-chain data
DeFi TVL: about $4.78B, down from ~$4.98B a week ago.
DEX volume: $1.80B for the prior day and $11.13B over 7 days.
Stablecoins: about $15.88B on Solana, up from ~$15.4B a week earlier.
Key news
100M CU blocks. SIMD-0286, authored by Jito Labs, raised the maximum block size from 60M to 100M compute units, a 66% capacity increase, activating at epoch 1009 on July 29. No app changes required. (Source: Solana Foundation)
Validator Admission Ticket. On July 22, SIMD-0357 began enforcing BLS key registration: validators without one stop participating in consensus. It's another prerequisite for Alpenglow. (Source: Solana Foundation)
Agent commerce. Google Cloud and the Solana Foundation are running an agent-payments hackathon with Korean partners including Shinhan Card and KSNET. (Source: SOLANA·HUB)
The SOLTRACER take
More headroom for trading and payments, shipped without breaking changes. Stablecoin supply is approaching $16B even with SOL soft. Our read: capacity is arriving ahead of demand, which is where you want it. Track it live on the Dashboard and the Top 20.
Sources: Solana Foundation, SOLANA·HUB, CoinGecko, DefiLlama. Data: CoinGecko daily snapshot (00:00 UTC) and DefiLlama daily series for the date shown. On-chain DEX volume is the prior full UTC day.
Not investment advice. See our Disclaimer.