$SOL Happycoin.club - Solana is once again in the spotlight, surpassing Ethereum and Binance Smart Chain (BNB) in net transfer volume. According to CryptoRank, in the last 30 days, transactions worth $28.07 billion have been processed on the Solana blockchain, second only to Tether (USDT), which recorded nearly $300 billion during the same period.

According to Glassnode, just in the last week, Solana recorded a capital inflow of $4.72 billion. This raised its total active capital to $9.46 billion, the highest level since March 2025.

This indicates that investor confidence is returning. Historically, such capital inflows usually precede broad growth cycles, and Solana's price action also supports a bullish sentiment. Chart analyst AMCryptoAlex noted that Solana broke out of a descending wedge, a classic reversal pattern.

The downward trend may have ended. Currently trading at around $147.59, Solana's price is targeting short-term goals in the range of $170-$180. If optimistic sentiment persists, new highs may be set as early as the third quarter.

Solana's market capitalization currently stands at $76.4 billion, with a circulating supply of 520 million SOL.