• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Breaking Through $200: Solana (SOL) Shows Strong Results Among Cryptocurrencies

Breaking Through $200: Solana (SOL) Shows Strong Results Among Cryptocurrencies

user avatar

by Giorgi Kostiuk

3 hours ago


Solana (SOL) has surpassed the $200 mark again and is outperforming in the market among the top ten cryptocurrencies.

Solana's Advantages Over Competitors

Solana shows a structural advantage over other leading cryptocurrencies. The network processes 80-100 million transactions daily, while Ethereum manages just around 1 million. Daily active wallets on Solana exceed 5 million, significantly more than most competitors.

Growth Prospects for SOL to $300

Recently, Solana broke through the key resistance level of $202, marking the third breakout since July. Traders are now discussing the possibility of reaching $300 by the end of Q3 2025, with key factors being buyer support and overall market sentiment.

Current Market Conditions and Technical Status

Currently, the SOL price trades within a bullish range, indicating dominant buying pressure. The breakout is supported by strong buying volume, favoring future price growth. Nonetheless, resistance at $210 and support at $180 may pose challenges for further movement.

Solana showcases strong growth indicators and high network utilization, which may lead to new price records in the coming months.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

BlockchainFX — A New Multifunctional Trading Platform

chest

An overview of BlockchainFX, a multifunctional platform that promises to be the next big player in the cryptocurrency market.

user avatarGiorgi Kostiuk

Ethereum Sets New Price Record, Boosting Investor Confidence

chest

Ethereum has reached a new all-time high, leading to increased institutional demand and trading volumes.

user avatarGiorgi Kostiuk

Technical Assessment of INJ: What to Expect in the Coming Weeks

chest

Analysis of INJ indicates a potential breakout towards $20–$22, while the partnership with Republic expands access to tokenized assets.

user avatarGiorgi Kostiuk

Cardano: Whales Make Strategic Buys Ahead of Powell's Speech

chest

Amid growing interest in Cardano, whales purchased 180 million ADA tokens, leading to a sharp 15% increase in the asset's price.

user avatarGiorgi Kostiuk

Ethena: Price Up 65% in a Month

chest

Ethena has shown impressive growth in the crypto market, with a 65% rise over the last month. Explore the current status and predictions.

user avatarGiorgi Kostiuk

Ethereum Strengthens Its Position, Trading at $4.7K with Increased Trading Volumes

chest

Ethereum continues to rise, reaching $4.7K, with trading volumes increasing by over 143% and market capitalization hitting $572.9 billion.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.