A Big January For Solana: Mobile Unit Prepares To Drop Native Token

Solana has rebounded above the $140 mark following a significant sell-off, with the SOL price recovering from below $130. This resurgence is attributed to strong demand from institutional investors and the launch of new Solana-based Exchange-Traded Funds (ETFs). The market is also witnessing increased interest in Remittix, which is being viewed as a potential leader in the next wave of cryptocurrency adoption.

Solmate has announced its intention to acquire RockawayX, aiming to establish a $2 billion powerhouse within the Solana ecosystem. This acquisition reflects a growing institutional confidence in Solana, which is expected to accelerate the development and adoption of its blockchain technology.

Solana (SOL) is currently retesting the $140 resistance level after a recent market rebound, having fluctuated between $120 and $144 since mid-November. Analysts are divided, with some predicting a short-term rally while others point to signs of weakness, particularly after a drop to $123 following a market correction.

Solmate has announced its intention to acquire RockawayX in an all-stock deal, aiming to create a $2 billion powerhouse within the Solana ecosystem. This strategic move is expected to enhance Solmate's capabilities and market position within the rapidly evolving cryptocurrency landscape.

Solana's Drift has launched version 3 of its platform, significantly enhancing trading speed by offering trades that are ten times faster than previous versions. This upgrade is expected to improve user experience and attract more traders to the platform, reinforcing Solana's position in the competitive cryptocurrency market.

Plume has launched Nest Vaults on the Solana blockchain, introducing institutional Real-World Asset (RWA) yield opportunities. This debut aims to enhance the yield generation capabilities within the Solana ecosystem, marking a significant step for both Plume and Solana in the cryptocurrency space.

Ledger has reported a significant vulnerability in a popular chip used in Solana phones, claiming it can be compromised through electromagnetic pulses, allowing unauthorized control over the device. This revelation raises serious concerns about the security of smartphones operating on the Solana network.

Solana Mobile has announced the upcoming launch of its SKR token in January 2026, aiming to enhance its open mobile ecosystem. The total supply of the SKR token will be 10 billion, with a distribution strategy that includes airdrops, growth initiatives, and liquidity support. This initiative was revealed in a recent announcement on X, highlighting the company's commitment to expanding its offerings in the cryptocurrency space.