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Solana (SOL) Leads Market Performance in April — Breakthrough Metrics and Network Upgrades Drive Bullish Momentum

Solana (SOL) Leads Market Performance in April — Breakthrough Metrics and Network Upgrades Drive Bullish Momentum

Author:
Tronweekly
Published:
2025-04-19 04:30:00
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Solana (SOL) has emerged as the top-performing major cryptocurrency in April 2025, significantly outpacing both altcoins and blue-chip assets. The network’s latest technical upgrades, including enhanced throughput and reduced transaction costs, have catalyzed renewed institutional interest. On-chain data reveals SOL’s monthly trading volume has surpassed its previous all-time high (ATH), while its DeFi ecosystem TVL shows a 42% month-over-month increase. Market analysts attribute this outperformance to three key factors: successful implementation of Firedancer validator client, growing stablecoin adoption on the network, and a surge in institutional staking activity. The SOL/USD pair has maintained consistent upward momentum throughout the month, with technical indicators suggesting the rally may have further room to run despite broader market consolidation.

Solana crypto grows after ETF launch

Key Takeaways

  • Solana (SOL) reached a new monthly high of $136, up 6% in a single day, overtaking other major coins.
  • Launch of Canada’s first Solana staking ETFs boosted demand and network activity.
  • Coinbase rolled out major infrastructure upgrades, making Solana 5 times faster for transactions and 4 times better RPC performance.
  • SOL now dominates 70.4% of all app performance in the crypto market, far ahead of Ethereum and BNB.
  • Latency issues from earlier this year have been fixed, making the network more reliable for users and builders.

SOL breaks past $136 after Canadian ETF launches and Coinbase infrastructure boost

On April 17, Solana reached its highest price in weeks — $136. This was the first time it hit that level since late March. A 6% jump in just one day made it one of the top-performing coins at that moment.

One reason for this rise was the launch of Canada’s first spot Solana ETFs. These were introduced by 3iQ, Evolve, CI, and Purpose. The new ETFs also allow staking, meaning buyers can receive incentives while their SOL supports the network.

This gives Solana an advantage over Bitcoin and XRP ETFs, which don’t have this feature. Experts say this could attract more big buyers who want to take part in real network use — not just watch the price.

Coinbase brings 5 times faster faster block throughput — fixing past SOL delays

Another big reason for Solana’s strong April was a major Coinbase infrastructure update. Coinbase announced they have changed how Solana transactions are handled on their platform.

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The new system brings several improvements:

  • 5 times faster processing of blocks
  • 4 times better RPC performance due to new hardware
  • More stable activity thanks to better control tools

These changes help fix earlier problems. Back in January, users had issues during heavy exchanges — especially when Trump-related meme coins launched. Even Coinbase said it needed to improve how it handled Solana.

Now those upgrades are done. A chart shared by Coinbase shows that delays have dropped a lot since the new system started. This means fewer errors and faster action for users who exchange SOL on Coinbase.

SOL leads app performance: 70.4% of crypto market activity now flows through Solana

Besides price and tech news, Solana also stands out in how much it’s being used. On April 16, data from Defillama (shared by Blockworks) showed that Solana apps made 70.4% of all financial outcomes across the crypto world.

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That’s more than all other chains combined. To compare:

  • Ethereum made 7.35%
  • BNB had 1.99%
  • Arbitrum made 0.38%

This means real funds are being spent and received inside Solana apps more than anywhere else. That shows real use, not just hype. Many builders and users are moving to Solana because of this high activity.

Minotaurus (MTAUR) quietly builds pressure as attention grows

Those excited about Solana’s rise aren’t stopping there — many are now exploring early-stage gems with real utility and upside potential. But how to pick the right one?

Presales are disappearing. Projects vanish mid-launch. Yet somehow, one keeps going—and it’s not just surviving, it’s growing.

Minotaurus (MTAUR) didn’t slow down when sentiment dipped. It didn’t ghost its users or pull back on development. Instead, it pushed forward. While other tokens deliver empty hype, MTAUR is tied to a real product: a Web3 gaming project that fuses mythology, maze exploration, and blockchain mechanics.

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Priced at mere 0.00010962 USDT, the MTAUR token is built with purpose. It fuels the upcoming game’s economy, allowing players to get advantages, unlock content, and personalize their experience. It’s also structured for long-term health—with referral and vesting bonuses live, token distribution that favors the community, and only 2% set aside for the team. On top of that, there’s a massive 100K USDT giveaway for token buyers.

Minotaurus runs on Binance Smart Chain, keeping costs low and transactions fast. Audited smart contracts by SolidProof and Coinsult give the token added credibility in a space where trust is hard to come by.

As weak presales unravel, Minotaurus continues to rise—organically, consistently, and confidently.

What to expect next: will SOL keep outperforming other majors?

Solana had a strong April because of real events — not just talk. The new ETFs in Canada, the Coinbase upgrades, and the rise in financial outcomes all show that the network is growing fast.

The market can always change, and new players are stepping in. Minotaurus (MTAUR) brings the fun to the chain and potential value to your wallet. Don’t get left behind while others level up. Join now.

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