Solana’s worth rally reached a brand new milestone on Monday. SOL traded at $195.50 per coin, pushing the full valuation to over $105 billion for the primary time since January 25.
That leap displays rising optimism across the token. Brief‑time period good points have been robust, however questions stay about how deep the restoration actually runs.
DeFi TVL Rises With Worth
Primarily based on reviews, Solana’s complete worth locked in DeFi hit $14.18 billion. That’s the very best degree in six months, again to the place it stood in January when SOL first reached its all‑time excessive.
An enormous chunk of that achieve comes from the token’s personal worth climbing. When SOL strikes up, each coin locked in lending swimming pools and vaults will get value extra on paper. Customers haven’t wanted to hurry in and lock contemporary tokens to spice up TVL numbers.
The general ecosystem feels bigger. But true utilization development could also be slower than these headline figures counsel. Specialists are maintaining a detailed eye on what number of new deposits really present up. In any case, token worth and actual‑world demand don’t all the time rise on the identical tempo.
DEX Buying and selling Exercise Exhibits Uptick
Between July 14 and July 20, Solana’s decentralized exchanges dealt with over $22 billion in buying and selling quantity. That’s up from near $19 billion the week earlier than.
Raydium led with $8.4 billion, adopted by Orca at virtually $6 billion and Meteora at $5.3 billion. Primarily based on knowledge, merchants are coming again. However weekly volumes nonetheless sit far under the $98 billion peak set in mid‑January.
That hole indicators a market that’s warming up however not but boiling over. Quantity good points present renewed curiosity amongst lively customers. It additionally hints that contemporary methods and new tokens could also be discovering toes after a slower spell.
Staking Dominates Community Safety
In response to on‑chain figures, about 355 million SOL stay staked with validators. That stake is value roughly $69 billion, or about 65% of all tokens in circulation.
These cash aren’t counted in DeFi TVL or in DEX volumes. As a substitute, they’re busy securing the community and validating transactions.
In the meantime, SOL is predicted to extend one other 3.50% and hit $210 by August 21, 2025. Sentiment is at the moment bullish whereas the Worry & Greed Index is at 71 (Greed).
Prior to now 30 days, SOL skilled 19/30 inexperienced days and eight.61% worth fluctuations, indicating each power and volatility in right now’s market, knowledge from CoinCodex exhibits.
Featured picture from Meta, chart from TradingView