Solana Revenue Surges to 3-Week Peak—SOL Takes Aim at $200 Milestone
Solana’s network fees just punched through their highest level in 21 days—right as SOL bulls load up for a run at $200. The blockchain’s ’high-speed, low-cost’ mantra is finally translating to real revenue (though let’s see how long that lasts before VC backers cash out).
Key drivers: Memecoin degens are back, NFT volumes ticked up, and institutional traders are quietly stacking SOL futures. Meanwhile, Ethereum maxis are muttering about ’sidechain season’ through gritted teeth.
Bottom line: Solana’s proving it can monetize its tech—now watch traders front-run the inevitable ’network outage’ jokes if the price rally continues.
Source: bitcoin Sistemi
Solana Network Revenue Explodes as SOL Looks to Continue Surge
The United States has firmly embraced the pro-crypto shift in 2025. That has been monumental for the asset class, as it could be set to propel a host of tokens to new heights. Among them is Solana, who is at the center of ETF discussion as it looks to get the highly coveted investment vehicle approved over the course of the year.
If that were to happen, it would cap off what has been a rather impressive resurgence for the asset. In the first three months of the year, the entire crypto market has been down. Yet, that changed in a big way this week. Specifically, Solana has seen its network revenue reach a 3-week high as SOL eyes an increase to the $200 level.
User activity on the network exploded, with real economic value for Solana’s daily network activity reaching figures of $8.35 million last week. Moreover, that denoted a 52.65% rise since the start of May. More importantly, it has stood out in comparison to every other notable network.
Tron is the second largest REV network, sporting $2.3 million. Moreover, ethereum was in third, bringing in just $1.79 million, according to Blockworks. That looks to be a major reason why Solana has jumped a remarkable 37% over the last 30 days. After increasing to the $172 level on Friday, all eyes are on the upcoming $200 psychological level. If sentiment remains strong, it should continue to rise alongside a rallying market.
