Solana (SOL) Daily Market Analysis 07 May 2026

Here's the latest on Solana – institutional momentum surges while price consolidates in the mid-$80s: • Solana Accelerate USA 2026 (5 May) unveiled regulated tokenized equities via Securitize, Jump, and Jupiter partnership • State Street and Galaxy launched SWEEP fund for 24/7 onchain cash management on Solana • SoFi plans SoFiUSD stablecoin launch on Solana; Anchorage Digital and J.P. Morgan introduced yield-bearing reserve model • Jito Foundation and Solana Company (6 May) will deploy institutional validators across Hong Kong, Singapore, Japan, and South Korea • SOL trades at $88.30 (+2.46% 24h) with $4.78B volume, but weekly active addresses dropped from 5M to 2.89M