Solana is making waves in July 2025 with a surge in developer activity, strategic partnerships, and a bullish price consolidation. With 10,000 participants in its latest hackathon and major deals with Visa and Shopify, can SOL break the $219 resistance? Let’s dive into the latest Solana news.
Solana Ecosystem Expands with 10,000 Hackathon Participants
The Solana Breakout Hackathon in July 2025 attracted over 10,000 participants, showcasing the network’s growing developer community. Key highlights:
- 1,412 projects submitted – A record high for Solana hackathons.
- Firedancer validator client – Enhances throughput stability and reduces outage risks.
- Solana Attestation Service – Enables verifiable data for enterprise compliance.
Solana Price Consolidates at $181–$183: Is $219 Next?
SOL’s price action shows consolidation after a monthly gain. Technical indicators suggest:
- Resistance levels: $193–$201 (critical), $219 (breakout threshold).
- Support levels: $177 and $165 (safety nets).
- RSI neutral – Room for upward momentum without overbought pressure.
Visa and Shopify Deals Boost Solana Adoption
Strategic partnerships are driving real-world use cases:
- Visa’s USDC settlement – Integrates Solana for faster transactions.
- Shopify Solana Pay plugin – Enables crypto payments for merchants.
- Token Extensions – Attracts compliance-focused developers.
FAQs: Solana News July 2025
Q: What was the Solana Breakout Hackathon?
A: A developer event with 10,000 participants and 1,412 projects submitted, showcasing Solana’s growing ecosystem.
Q: How is Visa using Solana?
A: Visa integrated Solana for USDC settlements, improving transaction speed and efficiency.
Q: What is Solana’s price outlook?
A: SOL is consolidating at $181–$183, with a potential breakout toward $219 if momentum holds.
Q: What is Firedancer?
A: An alternative validator client for Solana, improving network reliability and reducing outages.