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)
Enyinnaya Chimereze
17:10 - 23/07/2025
Bullish
Danjuma Abbas
14:11 - 23/07/2025
Bull
nhantvxd@gmail.com
10:12 - 23/07/2025
Ok
Gloria
09:36 - 23/07/2025
Yesooo
Enyinnaya Chimereze
06:59 - 23/07/2025
Bull season