The Solana price is trading at $77.79 after daily trading volume fell more than 24%, showing traders remain cautious despite improving fundamentals across the network.
One milestone stands out: Solana’s stablecoin market capitalization has crossed $15 billion for the first time, driven by continued USDC growth and newer entrants such as USD1 and USDG.
Also, negotiations surrounding the CLARITY Act appear to be moving forward after Senator Kevin Cramer said lawmakers are closing in on an agreement over the bill’s enforcement framework.
Even so, the Solana price still looks technically weak, with lower lows and the risk of another lower high if bulls fail to reclaim $79. With those mixed signals in play, we asked Grok AI where SOL could trade if the CLARITY Act finally passes in 2026.
What you'll learn 👉
How the CLARITY Act Could Unlock Solana’s Next Growth Phase
The CLARITY Act could become one of the biggest regulatory catalysts Solana has seen. One of the immediate benefits would be a clearer path toward a spot Solana ETF, as the legislation places spot markets for major digital assets under CFTC oversight. That removes one of the largest regulatory hurdles that has delayed multiple ETF applications.
The bill could also open the door for big money. It would give institutions more confidence that Solana won’t get hit with retroactive penalties down the line. Asset managers, hedge funds, pension funds, most of them have been sitting on the sidelines, waiting for clearer rules before diving deeper into crypto.
The legislation also includes language backed by the Solana Policy Institute. It protects open-source developers, validators, and non-custodial wallet providers from being treated like banks or financial middlemen. That gives Solana a much more stable legal footing to grow from here.
Stablecoins, Jito and ETF Interest Continue Supporting the Solana Price
Several developments are strengthening Solana’s ecosystem even as the SOL price remains below recent highs. Jito launched its new JTX self-custodial trading platform on July 21, introducing advanced trading tools for SOL, memecoins, and tokenized real-world assets.
Around 80% of platform fees will be used to buy back and burn the JTO token through the Jito DAO, creating a deflationary mechanism that strengthens the protocol’s token economics.
Network activity also continues expanding. Solana’s stablecoin supply reached a record $15.16 billion, supported by growing USDC issuance and newer assets including USDG. The milestone comes alongside a 13.1% weekly increase in decentralized exchange volume, giving Solana deeper liquidity for DeFi applications, tokenized assets, and on-chain trading.
Big names are starting to pay attention too. Reports show Morgan Stanley filed for a spot Solana ETF with a low 0.14% fee. The fund would let investors earn staking rewards too, about 95% of them get passed through, with partners like Figment and Coinbase Canada handling the staking side.
Meanwhile, the market had a short squeeze. Over $51 million in leveraged positions got wiped out in just four hours. About $2.65 million of that was tied to Solana alone. So even with the fundamentals looking better, a lot of traders are still carrying heavy leverage.
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Solana Price Faces a Key Test Near $79
We pulled up the SOL chart. Buyers are trying to steady things after SOL bounced back from the mid-$70 area. The rebound off the late June lows is still intact, but the latest push has stalled under $79.
That level now stands as the biggest hurdle in the short term. A clean break above it would snap the pattern of lower highs that’s capped upside moves for the past couple weeks.
The momentum readings look okay without being hot. RSI is at 60.56, healthy buying pressure. Stochastic RSI is at 72.49 and 74.79, so momentum is still positive even with today’s cooldown.
But here’s the catch: if SOL can’t reclaim $79, we could see another dip toward the $75–$76 support zone before buyers get ready for another try.
Grok AI Solana Price Prediction if the CLARITY Act Passes
We asked Grok AI how the Solana price could react if the CLARITY Act becomes law in 2026, and it outlined three possible scenarios.
In its bullish scenario, Grok AI expects the Solana price to climb to $100-$120 within one to four weeks after passage, following an initial breakout above $79-$85. Over the following three to six months, the model projects $150-$200+ if ETF approvals, institutional inflows, DeFi expansion, and tokenized asset growth continue accelerating.
The base-case scenario is more measured. Grok AI put out its numbers for Solana. In the short run, it sees SOL hitting $90 to $110, then cooling off for a bit. By the end of 2026, Grok expects SOL to land somewhere between $130 and $180, with more stablecoin money flowing in, more activity on decentralized exchanges, and institutions staying involved.
Its more cautious take assumes people sell the news or the regulatory process drags out. In that case, Grok thinks the SOL price moves to $85–$95 in the short term, then drops back to test the $70–$80 support zone. Even then, the model still sees SOL recovering to $110–$150 by the end of 2026. The only way it dips toward $60 is if the broader economy takes a real turn for the worse.
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