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Solana Market Cap Hits New High Amid Crypto Hack Losses

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Solana's market cap has reached $42.45 billion as of today, while the total crypto market cap stands at $2.18 trillion.

The Solana network will host a community call on July 30, which may spark interest and activity in the SOL price.

According to recent data, Ethereum and Solana led crypto hack losses in H1 2026, with losses reaching $1 billion.

Morgan Stanley has debuted Ethereum and Solana ETFs with the market's lowest fees, potentially attracting more investors to these assets.

The SOL price is currently trading around $73.35 on the daily chart, holding support near the $73 level but facing bearish momentum in the broader market.

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