Current Price: $173.12
24h Change: +5.72%
Market Cap: $93.15B
24h Volume: $4.26B
Analysis:
Solana continues its explosive growth, powered by a meme coin revival and the ongoing rollout of the Solana Saga 2.0 smartphone. It just smashed through resistance at $170, with a parabolic price structure forming.
On-Chain Heat:
Jito, Meteora, and Bonk are driving TVL and user activity on-chain. According to Messari, Solana is processing more daily transactions than Ethereum and Avalanche combined.
Future Outlook:
If SOL maintains this velocity, $185 is the next level. A retrace to $165 wouldn’t negate the trend—only consolidate it.
Strategic Reflection:
Solana is shedding its “Ethereum killer” label—and becoming its own category.
