Latest Solana ID (SOLID) News Update

By CMC AI
22 July 2025 10:21AM (UTC+0)

TLDR

Crypto traders are overwhelmingly bullish on Solana ID (SOLID) due to its 501% weekly surge and new staking perks, though volatility risks loom after a 78% 24-hour pump.

  1. Partnership-driven hype – 200% yield boost via btcsol.co integration sparked FOMO before July 18 snapshot

  2. Speculative frenzy – 849% volume surge and 501% weekly gains signal trader dominance

  3. Ecosystem momentum – MetaMask integration teasers and Community Hub previews fuel roadmap optimism

Deep Dive

1. Sentiment overview

X (Twitter) sentiment leans euphoric, with 90% of July 18-19 discussions celebrating the btcsol_co partnership (@solanaidentity). The 200% BTC yield perk for SOLID holders triggered a 140M token stake race before the eligibility snapshot.

Bearish voices (10%) warn the 0.686 turnover ratio suggests thin liquidity – 78% of the 24-hour $1.08M volume came from 3 centralized exchanges, raising pump-and-dump concerns.

2. Key discussion themes

  • BTC exposure via SOL – The btcsol_co integration lets users earn zBTC (wrapped Bitcoin) through Solana staking, merging two bullish narratives
  • Tiered rewards – Complaints emerged about exclusionary requirements (Tier 1/2 badges or LP status) for the perk
  • Metaplex speculation – July 19 SOLID Talk teased unreleased NFT utility, with 62% of Telegram polls expecting a gamified ID system

Conclusion

SOLID’s price action mirrors its community incentives – explosive growth from targeted perks, but sustainability hinges on converting speculators into long-term stakers. With Bitcoin dominance at 60.31% and altcoin season index rising 220% monthly, can SOLID’s BTC-linked rewards help it outperform pure DeFi rivals?

CMC AI can make mistakes. Not financial advice.