#SolanaSurge An overview of Solana's performance in mid-April 2025
The SOL/USDT pair is currently trading at $133.94, down 0.52% over the last 24 hours.
The market capitalization of the network is approximately $69.16 billion, with an estimated daily trading volume of $2.19 billion.
The price has shown bullish momentum after breaking above the 50-day moving average, indicating strong technical support.
The market recorded a significant transaction with the sale of 48,494 SOL for a value of 6.54 million USDT on Binance, reflecting high activity from major traders.
The Solana network benefits from fast block times (~400 milliseconds) and low gas fees, enhancing the appeal of decentralized projects.
With the continued growth of decentralized applications and NFTs on Solana, demand for the SOL/USDT pair is increasing to maintain liquidity.
In this context, do you think the bullish trend will continue to propel Solana to new record levels?
Share your strategy in the comments below!
This content is for discussion purposes only and does not constitute investment advice. Please do your own research before making any investment decisions.
$SOL
SOL
134.99
-0.08%
