Solana Hits $200: Record Market Cap and Ecosystem Growth

cryptonews.net 23/07/2025 - 02:04 AM

Solana Surpasses $200 Mark

Solana (SOL) surpassed $200 for the first time in six months on July 22, 2025, reaching a peak market capitalization of over $107 billion. Over 24 hours, SOL grew by about 4%, and in the past week, it surged around 25%, according to CoinGecko.

The total value locked (TVL) on the Solana network exceeded $10 billion, a level not seen since February 2025, indicating growing investor and user confidence in the platform.

Analysts from Santiment observed a rise in user activity and developer contributions at a two-month high, a positive signal for the blockchain’s long-term prospects.

These developments highlight Solana’s increasing relevance in the crypto sphere. The impressive TVL showcases rising DeFi adoption and interest in Solana’s expanding ecosystem, as NFT platforms, gaming projects, and decentralized applications continue to migrate to or build on Solana’s network.

As investor attention heightens, market watchers remain optimistic about Solana’s future trajectory in the blockchain space. The current momentum suggests that Solana is solidifying its position as a leading blockchain platform, with further growth potential in the coming months.




Comments (9)

    avatar

    Enyinnaya Chimereze

    17:10 - 23/07/2025

    Bullish

    avatar

    Danjuma Abbas

    14:11 - 23/07/2025

    Bull

    avatar

    nhantvxd@gmail.com

    10:12 - 23/07/2025

    Ok

    avatar

    Gloria

    09:36 - 23/07/2025

    Yesooo

    avatar

    Enyinnaya Chimereze

    06:59 - 23/07/2025

    Bull season

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