On July 22, 2025, the price of Solana (SOL) exceeded $200, demonstrating a 25% weekly growth and the highest market capitalization in six months.
Price Growth of SOL and Market Capitalization
According to CoinGecko, SOL's price increased by 4% in the last 24 hours, reaching a peak of $200. The market capitalization also rose, surpassing $107 billion, marking the highest figure in the past six months.
Increase in Total Value Locked on Solana
The total value locked (TVL) on the Solana network climbed above $10 billion, a level not seen since February 2025. This figure indicates growing confidence among investors and users in the platform.
Prospects of Solana in the Cryptocurrency Market
Analysts from Santiment have noted that the price surge is accompanied by a rise in user activity and several new developments. Interest in Solana remains high due to advancements in DeFi, as well as an increase in NFT platforms and gaming projects migrating or building on this platform. As investor attention intensifies, market watchers remain optimistic about the platform's future prospects.
Solana's recent successes and its ability to maintain user and developer interest predict further growth and strengthening of its market position in the cryptocurrency space.
