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Solana ends July down, extending a 10-month losing streak
Solana started July at $73.53 and fell 1% by month-end, after a nine-month bear market grind tied to a prior October 2025 crypto flash crash and a still-hostile macro backdrop.
Solana (SOL) posted a weaker July, breaking a five-year pattern in which the median July result closed higher, according to analysis published by The Motley Fool on Yahoo Finance. The token started the month at $73.53 and ended July down 1%, marking a 10 consecutive down months, which the article says is unprecedented for the chain.
The article attributes the broken “seasonality” to circumstances specific to Solana and the broader crypto market rather than new bearish fundamentals. It points to an October 2025 crypto flash crash that triggered a long, uninterrupted grind downward, with the bear market described as running for nine straight months at the time of writing.
On the macro side, the piece cites the Federal Reserve holding rates steady and ongoing Israel-U.S. conflict developments linked to war with Iran, saying energy markets and inflation expectations were disrupted. It also notes that meme coins, described as a major driver of outside capital on the network, saw trading volumes collapse from their prior peaks over the past two years.
Beyond price action, the article says some network-related fundamentals were improving while SOL declined. It also references a class action lawsuit tied to Pump.fun that alleges unfair practices toward investors, naming Solana’s central governance and tech development organizations in the suit.
Latest closeSolana $73.90 ▲0.6%