Thursday, July 2, 2026 · SOLTRACER market wrap
Solana handed stakers a formal vote today, capping a June full of institutional firsts.
SOL market moves
SOL printed $77.36, up 5.2% over 24 hours and 13.9% over 7 days, one of the few large tokens gaining while the broader market fell (CoinDesk). It is down 4.7% over 30 days. Market cap was about $44.9B, with $3.75B in 24-hour volume.
On-chain data
DeFi TVL: about $4.90B, up from ~$4.69B a week ago.
DEX volume: $2.43B for the prior day and $16.59B over 7 days.
Stablecoins: about $15.18B on Solana.
Key news
Solana Governance Proposals. A formal, stake-weighted on-chain governance system is live. Validators with at least 100,000 SOL staked can open a proposal; it needs 15% of active stake to advance and a two-thirds supermajority to pass. Delegators can override their validator's vote. (Source: CoinDesk)
MoneyGram becomes a validator. On June 22, MoneyGram began running a Solana validator and joined the Solana Developer Platform as part of its stablecoin payments push. (Source: CoinDesk)
Ondo goes 24/7. On June 25, Ondo launched 24/7 instant minting and redemption for tokenized U.S. stocks and ETFs, live on Solana. (Source: Ondo Finance)
June by the numbers. Solana's RWA value crossed $3B for the first time, cumulative tokenized-stock volume passed $10B, and daily tokenized-stock volume hit a record $683M. Allfunds is also bringing tokenized funds to Solana via Project Harmonia. (Sources: Solana Foundation, SOLANA·HUB)
The SOLTRACER take
Governance, payments giants as validators and record RWA volume all point the same way: Solana is maturing into financial infrastructure. Our read: relative strength against a falling market is worth noting. Track it live on the Dashboard and the Top 20.
Sources: CoinDesk, Ondo Finance, 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.
