Solana is showing serious strength again, recently breaking above the $180 mark with a 4.35% gain in the last 24 hours. Momentum around SOL continues to build, even as platforms like pump.fun start to cool off and newer projects like Letsbonk step up. The competition within the Solana ecosystem is heating up fast.
What’s helping fuel this surge? Part of the excitement seems to come from the launch of Ondo’s USDY on Sei — the RWA (Real World Asset) narrative is picking up steam and could be spilling over into other major Layer 1s, with Solana looking like one of the main beneficiaries.
Meanwhile, Ethereum ETF inflows just crossed $600 million, and the total crypto market cap pushing past $40 billion hints that altseason might be accelerating. With all this movement, now might be a good time to keep an eye on high-potential chains gearing up for the next leg.