#SOL Happycoin.club - Solana has once again taken center stage, surpassing Ethereum and Binance Smart Chain (BNB) in net transfer volume. According to CryptoRank, over the past 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 registered 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 typically precede broad growth cycles.

From a technical perspective, Solana's price action also supports a bullish sentiment. Chart analyst AMCryptoAlex noted that Solana has broken out of a descending wedge, a classic reversal pattern.

This breakout, backed by strong volume and momentum, suggests that the downtrend may have come to an end. Currently trading at around $147.59, Solana's price is targeting short-term goals in the range of $170-$180. If optimistic sentiment remains, new highs could be established as early as the third quarter.