According to Pedro Gomes on Twitter, WalletConnect will be supporting a major Solana event in New York City next week, highlighting robust industry engagement from top crypto builders (source: @pedrouid). For traders, the collaboration between WalletConnect and Solana at a high-profile US event signals increased institutional and developer interest in onchain technologies, potentially driving higher transaction volumes and liquidity on the Solana network. The event could act as a catalyst for SOL price action and influence sentiment across DeFi and NFT ecosystems built on Solana.

According to AltcoinGordon on Twitter, Binance has increased its SOL holdings by more than 1 million tokens since May 4th, 2025 (source: twitter.com/AltcoinGordon/status/1922958636030230931). This significant accumulation by a leading exchange may signal increased institutional interest and potential support levels for Solana. Traders should monitor Binance’s wallet activity and overall SOL inflows, as such large-scale movements often precede increased volatility and could impact short-term price action in the cryptocurrency market.