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As of Thursday, January 22, 2026, Solana (SOL) is showing a strong recovery after a brief market-wide dip. Here are the fresh updates:
1. Price Movement & Market Recovery
Current Price: SOL is trading around $130.15 (approx. 36,392 PKR), up about 2% in the last 24 hours.
Rebound: After touching a local low of $125 yesterday due to geopolitical trade tensions, the "bullish divergence" on the charts has triggered a price reversal as buyers step back in.
Support & Resistance: It is currently holding steady above the $128 support level. Analysts are eyeing $138–$145 as the next major resistance to break for a move toward $150.
2. Major Institutional News
Morgan Stanley ETF Filing: In a massive boost for adoption, Morgan Stanley has officially filed with the SEC for a Spot Solana ETF. Notably, their filing includes a staking component, which would allow institutional investors to earn yield (staking rewards) directly through the ETF.
"The Year of Solana": Research firm Delphi Digital released a report today predicting Solana will become the "Decentralized Nasdaq" in 2026, citing its ability to handle institutional-grade order books that rival centralized exchanges.
3. Ecosystem & Tech Breakthroughs
SKR Token Airdrop: Solana Mobile officially launched the SKR token today. Owners of the Seeker smartphone can now claim their airdrop, which offers an initial staking yield of 28% APY.
Alpenglow Upgrade: Technical rollouts for the Alpenglow consensus are underway, aiming to reduce transaction finality to just 100-150 milliseconds.
New Platform Launch: A new all-in-one trading and social platform, Pick.trade, launched today on Solana, integrating live streaming and "gamified" trading rewards directly on token pages.
SOL Quick Stats (Jan 22, 2026)
Metric Value
24h Change 📈 +1.91%
Market Cap $73.6 Billion
Staking Ratio 64% (Strong Hold)
Network Speed ~2,300 TPS (Avg)
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