Solana's smart contracts token has bounced back and is trading at $21.74 with a trading volume of $412 million, possibly due to Solana Pay's adoption developments. The overall crypto market is trending upwards, with Bitcoin reclaiming $26,000. Solana is expected to make a significant recovery, with bulls aiming to push the price towards the psychological resistance of $30 to $32.

Shopify has integrated Solana Pay to support USDC payments, which could potentially increase demand for tokens in the Solana ecosystem by offering lower transaction fees. Meanwhile, the trial for XRP by the SEC has no set date, but the price of XRP has recovered.