$SOL SOL: Is the Momentum Back?
Solana (SOL) is regaining strength, trading steadily above $150 after a brief consolidation phase. With its lightning-fast transaction speeds and growing ecosystem of DeFi, NFT, and AI-driven dApps, Solana is becoming a serious contender to Ethereum’s dominance in Layer 1.
Key metrics are improving: on-chain activity has surged, TVL is up, and meme coin activity is driving new wallet creation. Moreover, recent updates to validator incentives and fee structure are enhancing network stability and decentralization.
Analysts see $180 as the next resistance. A breakout above this level could ignite a rally toward its previous all-time high. Keep an eye on volume and whale movement.