With on-chain growth and Defi activity increasing, SOL is priced at $7.3B $7.3B
Sol has shown strong bullish momentum over the past 24 hours, with trade between $154.04 and $161.74 up about 4-9.5% and has been backed by more than $7.3 billion in high trading volumes. The asset has attracted attention due to strong chain activity and positive technical indicators, thus positioning it as a leading performance for the major cryptocurrency.
The recent price surge can be attributed to several factors. The Defi Development Corp. announcement announced a 7-to-1 stock split, boosting Solana Holdings to 400,000 SOL and plans to acquire the Solana validator business has fueled positive sentiment. Additionally, Solana Network outperforms its competitors in both monthly active users and charges, while DEX volume exceeded $500 billion in 2025, reflecting strong ecosystem growth. The broader market dynamics, including Bitcoin rally and enhanced trading activity driven by meme coin interests, also support Solana's upward movement. Technical analysis shows that as long as SOL maintains support of more than $148-149, the bullish trend may continue with a resistance target of $180, while traders closely monitor $218.