#solana Solana (SOL) is currently trading in a consolidation phase, reflecting balanced market sentiment despite strong underlying fundamentals. Price action has remained range-bound around key levels, with support near previous lows and resistance close to the $90–$100 zone. Fundamentally, Solana continues to show strength through growing DeFi activity, rising transaction volumes, and ecosystem expansion. Upcoming upgrades and institutional interest could further boost long-term value. However, short-term momentum still depends heavily on Bitcoin trends and overall market liquidity. A breakout above resistance may trigger bullish continuation, while failure to hold support could lead to further sideways movement or minor downside pressure.$SOL

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Western Union has issued a USDPT stablecoin on Solana for fast international transactions Western Union launched the USDPT stablecoin, pegged to the US dollar, on the Solana (SOL) blockchain, with Anchorage Digital Bank holding the federal license as the issuer. The company aims to accelerate transactions between agents 24/7 and transfer some treasury operations to USDPT to reduce the amount of idle funds in accounts. Among the plans are entering global exchanges, creating a Digital Asset Network, and launching the Stable by Western Union service in 2026 to pay with stablecoins in more than 40 countries. Against the backdrop of the $322 billion stablecoin market and Western Union’s approximately 13% share, the company is strengthening competition with MoneyGram and PayPal, as well as in light of Mastercard’s initiative, which announced a partnership with startup Rain on May 4.