Solana Breaks Losing Streak with First Green Monthly Candle in Ten Months

Solana's price action has finally turned positive after a ten-month losing streak. In August 2026, the network posted its first green monthly candle since the downtrend began nearly a year earlier.

The shift in momentum comes as the monthly MACD indicator nears a bullish crossover and the monthly RSI breaks a two-year downtrend.

Solana's real-world asset ecosystem has reached a new all-time high of $4.35 billion, with over 420,000 wallets holding RWA tokens on the network.

The network also captured 67% of multichain memecoin volume on September 7, nearly three times Robinhood's share.