Solana continues to be a hot topic, balancing short-term volatility with strong fundamental growth. Here's your up-to-date snapshot and a key development to watch:
Metric Value 24H Change
Current Price $132.35 -0.46%
Market Cap $74.22 Billion -1.55% (Global)
24H Volume $2.32 Billion -
🔥 Recent Developments: Institutional & Ecosystem Surge
ETFs Driving Demand: Institutional interest is peaking with the launch of multiple Solana ETFs in the US (from heavyweights like Fidelity and VanEck), providing regulated pathways for large capital entry.
Mobile Hardware Expansion: Solana Mobile is shipping over 150,000 Seeker phones, integrating the ecosystem deeper into consumer hardware and expanding its user base.
🆕 Major Development: Stablecoin Liquidity Hits Record Highs
Solana's stablecoin supply has reached new all-time highs, significantly boosting on-chain liquidity and fueling growth in its Decentralized Finance (DeFi) sector. This enhanced liquidity, including the selection of Solana by partners like Western Union for USD stablecoin remittances, solidifies its position as a high-volume transaction rail and a serious competitor to other Layer-1 networks.Solana's stablecoin supply has reached new all-time highs, significantly boosting on-chain liquidity and fueling growth in its Decentralized Finance (DeFi) sector. This enhanced liquidity, including the selection of Solana by partners like Western Union for USD stablecoin remittances, solidifies its position as a high-volume transaction rail and a serious competitor to other Layer-1 networks.
📈 Technical Outlook & Price Predictions
Short-Term Technicals: Solana is stabilizing above key support, attracting strong buy-side demand around the $130-$132 level. Analysts point to a potential bullish double-bottom pattern, with a decisive break above $150 possibly triggering a rally toward $165.
Long-Term Forecast: Experts remain highly bullish, forecasting a 2025 price range of $111 to $450, with some projections targeting a full recovery and a push toward $1,000 on the back of continuous technical upgrades and ecosystem growth.
Disclaimer: This is not financial advice. Do your own research (DYOR) before investing.
What are your thoughts on Solana's record stablecoin liquidity? Will this propel SOL to break the $150 resistance? Share your view below!
