🚨 $SOL Surge: Real Numbers, Real Momentum
Solana is trading at $184.45, down ~1.2% in the past 24 hours and ~5.3% on the week—yet volume tells a different story.📊
In the last 24 hours, $7.6 billion worth of SOL traded—up sharply from the weekly average—while USDC activity on Solana is fueling ecosystem usage. Solana continues to capture a major share of the stablecoin flow, with USDC accounting for ~70% of all stablecoin supply on-chain.
🎯 Why This Still Rocks
High volume despite price dip means active traders and FOMO remain strong.
Stablecoin dominance (Primarily USDC on Solana) underscores deep liquidity and trust.
DefiLlama
Helius
Solana’s average daily active addresses interacting with stablecoins have surged past 3 million, peaking at 4.4 million in January—an eightfold growth since late 2023.
Helius
🔥 My Hot Take: SOL’s current price dip is shaking out weak hands. With rallying volume and stablecoin-backed liquidity, SOL looks positioned for another leg up—possibly testing $205–$210 in the coming weeks if momentum holds.
🤔 Agree or disagree with this view? Drop your reasons below—I’ll engage fast!