Solana News: Surge in Adoption with Over 10 Million Unique Active Addresses

Solana has experienced a remarkable surge in adoption, maintaining over 10 million unique active addresses for eight consecutive weeks. This significant increase in user activity underscores Solana's growing prominence in the blockchain space.

Solana Adoption Surges with Over 10 Million Unique Active Addresses

Solana has seen a significant increase in adoption, maintaining over 10 million unique active addresses for eight consecutive weeks. Data from Dune Analytics shows that the blockchain recorded over 22 million active addresses in the past week, with DefiLlama reporting over 4.2 million active addresses in the last 24 hours. This surge in user activity highlights Solana's growing prominence in the blockchain space. Additionally, a Syncracy report indicates that Solana has surpassed Ethereum in several key metrics, including real economic value and DEX volumes, further solidifying its position in the market.

Solana Price Prediction 2025-2031: Trends and Insights for Investors

Solana’s price is predicted to reach a maximum of $206.81 and an average trading value of $182.16 in 2025. By 2028, SOL is expected to reach a new high of $636.06, driven by the mainstream adoption of its decentralized applications (dApps). By 2031, Solana’s price could surpass the $2,000 mark, potentially reaching $2,021 or higher. Despite challenges such as network congestion and competition from other blockchain platforms, Solana demonstrates resilience and adaptability, positioning itself as a leading player in the decentralized finance (DeFi) and Web3 landscape. The Solana community remains confident and excited about the platform’s continued evolution and impact on the broader crypto ecosystem.

Burwick Law Files Lawsuit Against Pump.fun for Rug Pulls and Failed Meme Coins

Burwick Law has initiated a lawsuit against Pump.fun, a prominent Solana-based meme coin launchpad, alleging rug pulls and failed meme coin projects. The lawsuit specifically targets investors who have suffered losses due to these activities. According to reports, more than 60% of Pump.fun users have lost money on the platform. The legal action focuses on criminal acts and violations, including the platform's alleged facilitation of illicit activities such as drug use, self-harm, racism, antisemitism, and other antisocial behaviors. Burwick Law is seeking to represent everyday investors who have been adversely affected by Pump.fun's operations.

Solana (SOL) Back Above $200: Will It Hold or Fade?

Solana's price has recently surged above the $200 mark after forming a base above $175 and overcoming resistance levels at $180, $185, and $188. The cryptocurrency is currently trading above $195 and the 100-hourly simple moving average, with a bullish trend line forming support at $196 on the hourly chart. The next significant resistance is at $205, and if the bulls can push the price above this level, a fresh increase could be initiated. The price action is being closely watched to determine if the current level can be sustained or if it will fade.