Solana Just Got 66% Faster ⚡

Solana $SOL ( ▲ 0.5% ) is one of the top-performing major cryptocurrencies in early August. It has jumped about 5% since a recent technical upgrade in late July.

Recent Developments: There are several reasons why Solana has performed better than most cryptos recently. Solana-linked ETFs (exchange-traded funds) recorded weekly inflows, continuing a five-week inflow streak through early August. A recent governance proposal to substantially increase SOL burns has been up for debate in the Solana community.

Powering the Story: On July 30, the Solana Foundation activated SIMD-0286, a core network upgrade proposal. This raised Solana’s maximum block compute limit from 60 million to 100 million units, a 66% increase, which cuts congestion risk and improves the chain’s capacity for more complex applications.

Early Bird’s Nest Egg Gains: SIMD-0286 improves capacity, but it does not resolve the core question for Solana investors: whether growing network usage consistently turns into value accruing to the SOL token.

Final Thoughts: Despite the recent price jump, Solana is still down about 38% this year.

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Notables

Notable Earnings Today: Rocket Lab USA (Nasdaq: RKLB), Hims & Hers Health (NYSE: HIMS), AST SpaceMobile (Nasdaq: ASTS), Ceva (Nasdaq: CEVA), Barrick Mining (NYSE: B), Plug Power (Nasdaq: PLUG), Monday.com (Nasdaq: MNDY), RUM Group (Nasdaq: RUM), Simon Properties (Nasdaq: SPG), Upwork (Nasdaq: UPWK), Dole (NYSE: DOLE), GoPro (Nasdaq: GPRO), CECO Environmental (Nasdaq: CECO), RadNet (Nasdaq: RDNT), Embraer (NYSE: EMBJ), Bitdeer Technologies (Nasdaq: BTDR), AAON (Nasdaq: AAON), ACV Auctions (NYSE: ACVA), AECOM (NYSE: ACM), Amentum Holdings (NYSE: AMTM), Archer Aviation (NYSE: ACHR), Axsome Therapeutics (Nasdaq: AXSM), BridgeBio Pharma (Nasdaq: BBIO), California Resources (NYSE: CRC), Camtek (Nasdaq: CAMT), EagleRock Land (NYSE: EROK), Ferguson Enterprises (NYSE: FERG), GCT Semiconductor (NYSE: GCTS), Helios Technologies (NYSE: HLIO), HighPeak Energy (Nasdaq: HPK), International Seaways (NYSE: INSW), Medical Properties Trust (NYSE: MPT), N-able (NYSE: NABL), National Energy Services Reunited (Nasdaq: NESR), National Health (NYSE: NHI), NU Skin Enterprises (NYSE: NUS), Perion Network (Nasdaq: PERI), Quantum Computing (Nasdaq: QUBT), Rapid7 (Nasdaq: RPD), Seadrill (NYSE: SDRL), Surgery Partners (Nasdaq: SGRY), Tonix Pharmaceuticals (Nasdaq: TNXP), USA Rare Earth (Nasdaq: USAR), Webtoon Entertainment (Nasdaq; WBTN).

Notable IPOs Today: Wilco 63 Corporation Class A Ordinary Shares (Nasdaq: WLCO), First Phosphate Corp. American Depositary Shares (Nasdaq: PHOS).

Notable Equity Crowdfunding Campaigns Ending Today: Popwheels (Wefunder), Cru World Wine (Crowdcube).

Notable Economic Events Today: N/A.

RadNet's Record Revenue

Photo by Accuray on Unsplash

Radiology company RadNet $RDNT ( ▲ 6.2% ) posted its financial earnings results on Sunday, which included record quarterly revenue.

Financials: RadNet reported earnings of 29 cents per share in the past quarter and revenue of $622.7 million. Both were better than expected.

Final Thoughts: Shares of RadNet are up 2.02% in 2026.

Sony’s Box Office Win

Sony’s $SONY ( ▲ 1.56% ) “Spider-Man: Brand New Day” was the top film at the domestic box office this past weekend with $145 million in ticket sales.

Final Thoughts: Sony’s stock has struggled in 2026. It is down 9.35%.

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