SOL rose more than 40% in eight days and peaked at $102.88 before sellers pushed it back to the mid-$90s, a clean rejection at a round number that had capped it since February. The network processed 4.2 billion transactions in July with tokenized assets approaching $4 billion. Galaxy Digital separately opened a credit line letting investors borrow against staked SOL at 8.99% APR, which locks collateral and takes some sell pressure off the market.