Santiment data reveals Solana’s network growth has jumped 124% since early September. Fresh users are entering the ecosystem at a sharply accelerated rate. Around 1.71 million new wallets are now created daily on the blockchain. This marks a clear acceleration in onboarding activity across the network. Daily active addresses have climbed 58% over the same stretch. Roughly 4.27 million unique wallets now interact with Solana each day. The onchain analytics platform says more wallets are both joining and actively using the network. That combination strengthens the case for sustained expansion. Historically networks that attract more users and real utility have supported higher market caps over time. If Solana continues growing its active user base, rising network value could eventually follow. SOL on track to hit $500 in price value? Solana’s SOL is expected to benefit from recent developments, the most recent of which is a collaboration with a leading tech firm. Notably, Samsung recently partnered with Solana to integrate crypto stablecoin transactions into Samsung Wallet, enabling the feature across 82 million Galaxy devices in the United States. Starting in the last week of October 2026, eligible users will be able to send USDC for cross-border remittances directly from the familiar wallet interface that already handles cards, IDs and boarding passes. The service will run on Solana infrastructure behind the scenes, with support also from Sui, while Coinbase and Bastion handle custody and related systems. Users can transfer to external wallets at no fee from Samsung or send funds to bank accounts in more than 60 countries for local-currency payouts, marking a major push to bring stablecoin payments into everyday mobile use. In response to the new development, a notable market player anticipates a price pump for SOL, targeting a whopping $500. The most bullish news of the year for Solana Send SOL straight to $500 right now!! https://t.co/wvRdhc15rc — borovik (@3orovik) October 8, 2026 With SOL trading at a press time price of $109, a jump to $500 will require bulls to push the asset up by 360% in the longterm.

Leading on-chain analytics firm Glassnode took a deep dive into the Bitcoin market after the asset jumped above $85,000. Where is Bitcoin headed? Glassnode observed that Bitcoin broke above $85,000 on thin volume and limited fresh capital inflows before retreating. Combined spot exchange and U.S. ETF volume averaged just $6.8 billion a day, lower than 90% of days since early 2024. Notably, new money from ETFs, stablecoins and corporate treasuries accounted for less than 40% of the recent $12.8 billion rise in realized cap, leaving the advance dependent on existing holders paying higher prices. Recent short-term buyers locked in gains at the Sunday close above $85,000, producing the highest share of profitable exchange inflows in a year. Options markets have turned constructive again, with put/call ratios sitting in the lower third of their 2026 range and traders now spending about $17 million more per day on calls than puts on a 30-day average. Liquidation levels cluster mainly below current prices, with the nearest large pocket between $81,700 and $83,300 and the heaviest band far lower near $60,000 to $63,000. Sellers have stacked fresh ask blocks around $86,500 while the biggest bids on Binance sit at $81,000. Macro data releases this week produced only fleeting gains in Bitcoin as U.S. equities held firm, and the American trading session has been a net seller since the late-September breakout. Altcoins led Bitcoin into late September but now lag, with fewer than 30% outperforming in the latest week after earlier strength. Leverage across large- and mid-cap tokens has stretched to levels last seen before the October 2025 sell-off, raising the risk of forced unwinds if prices keep slipping. At report time, the total cryptocurrency market capitalization stands at roughly $2.8 trillion, while the apex cryptocurrency Bitcoin rose about 0.7% over the last day to trade at $82,787.

The post China’s Return to Crypto Could Trigger the Next Super Cycle, Solana CEO Says appeared first on Coinpedia Fintech News China could become a major driver of the next crypto market cycle if it finds a way to reopen access to digital assets. Solana Company CEO Joseph Chee says Beijing is using Hong Kong to test crypto regulations. Meanwhile, China’s reported Bitcoin holdings and mining activity show why any policy shift could matter to the …

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