helius

Mert Mumtaz, CEO of Solana infrastructure company Helius, has joined the NEAR Foundation Board. This isn’t a ceremonial role like a guest advisor—the Board oversees major Foundation decisions. Its current members also include Illia, Anchorage co-founder Diogo Mónica, Chris Donovan, and Bowen Wang.
Mert will continue running Helius (whose nodes and streams have been used by Phantom, Jupiter, Coinbase, and Bitwise) while helping $NEAR advance its products, ecosystem, and governance, especially a privacy-focused cross-chain marketplace. The announcement also shared some figures: NEAR Intents has surpassed $33B in cumulative trading volume, and confidential assets have over $160M in TVL. He’ll also serve as a judge at the NEAR hackathon running November 1–14.

Solana is stuck between $66 and $69. The past month has been mediocre – to put it mildly. Most people stare at the price and sigh. I'm staring where capital quietly flows.
SOL: 38.70B. 24h volume: $2.39B (still high for this consolidation). Last session: +2.36% – quietly higher than yesterday. No fireworks – but no disaster either.
Technical earthquake in miniature
1H support: 65.95 – bulls have defended this level all week, credit where it's due. Local peak: 67.51, with a more serious level lurking above at $69.12. If that wall breaks, stairs start at $70. But it's still not a breakout – the whole move looks like a lack of breath.
The deeper structure remains unpleasant. A break below 61–50 zone (bearish nightmare). RSI is hovering around neutral, MACD is passive – this is a time for watching, not deciding.
Open Interest – calm before the storm
OI: ~$4.57B (down ~3-4% in 24h). Funding rate: +0.0059–0.0070% – positive but barely breathing. Neither bullish euphoria nor bearish aggression. Someone's hesitating.
The bigger move this week: OI has dropped from ~$5.7B to below 5.24M.
The ecosystem is smoking, but the price is sleeping? Again?
Solana just actively built something you didn't see:
· Helius acquires Light Protocol (ZK Compression) – the first privacy layer on Solana.
· RWAs on Solana have grown 1,500% over the past 18 months.
· Today in Berlin: Solana summit with the German government. Quiet power.
· TVL dropped last week from $5.38B to $4.70B, but active developers continue building – GitHub commits increased last week, even though developer numbers have dropped more broadly.
The exchange is heating up, the city is expanding, and the price is lying on the couch.
Macro – the Fed still holds a knife to the market's throat 🗡️
May CPI: 4.2% (up from 3.8%). The market is pricing in a 70% chance of a rate hike before the end of 2026. The Fed meets June 16–17.
New Fed Chair Kevin Warsh will have no mercy.
Meanwhile, the Fear & Greed Index has jumped from 14–15 to 19 (moved out of "extreme fear" – now just "fear"). Extreme fear has often signaled good opportunities.
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Solana snapshot – June 13, 2026:
· SOL price: $66.77
· Market cap: $38.70B
· 24h volume: $2.39B
· OI: ~$4.6B (over $1B drop in 7 days)
· Funding: +0.006% (slightly positive)
· Technical support: 65.95 / resistance: 68.80
· Sentiment: Fear & Greed 19 (fear)
· Developments: Helius + ZK Compression (privacy), RWAs +1500%, summit in Berlin today
#solana #sol #CryptoMarket #Helius #BinanceSquare

The Solana ecosystem is making waves again in the infrastructure space. **Helius**, the largest developer platform in Solana, has officially announced the acquisition of **Light Protocol** to advance and expand privacy solutions on the network.
This strategic move is expected to reshape the game for developers of decentralized applications (dApps) that require high-level privacy on Solana.
Here are the key points you need to know: