Key Takeaways:
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Solana's Stablecoin supply rose 156% in 2025, to hit a new note to $ 12 billion.
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Solana's TVL grew 25% to $ 7.65 billion, with 27.7% decentralized exchange of exchange volume, leading Ethereum and BNB chain.
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The Sol Price is formed by a bull flag, with a price target at $ 220.
Solana's native token, Sol (Sol) failed to maintain its bullish momentum after reaching $ 156 on April 25, but an assortment of data points suggests that altcoin's reversal is unfinished.
Sol Stablecoin Market Cap hits $ 13 billion
Solana's Stablecoin supply was skyrocket by 156% in 2025, which dropped the past $ 13 billion to hit a new high time.
Stablecoins in Solana recently passed $ 13B in release, setting a new ATH@calilyliu To why Solana has developed goal for moving digital dollars at Internet speed pic.twitter.com/wyppg0leg6
– Solana (@Solana) May 5, 2025
The USDC (USDC) of the Circle remains stablecoin selected for Solana users, with a 77% part of the market.
Stablecoins are integral to Solana's decentralized ecosystem (Defi) ecosystem, driver of liquidity and SOL demand increase because it is used for transaction and staking fees, which potentially push its price.
The rise of Stablecoin inflows in history is related to price rallies, as seen between December 2023 and August 2024, when a 230% rally at SOL price was accompanied by a 160% increase in Stablecoin inflows from $ 1.55 billion to $ 4.06 billion.
Solana TVL and as of transaction in the rise
Solana remains the second largest blockchain in terms of total amount locked (TVL) and first rank in Dex volumes.
Solana's TVL rose from $ 6.1 billion from April 9 to $ 7.65 billion on May 6, an increase of more than 25% to nearly 30 days.
Positive signs include a 44% increase in sanctuary deposits, a liquid staking application, and 25% growth in Jito and Kamino.
Solana's day -to -day counts also increased by 25% in the last month to 57.77 million transactions.
While the Ethereum and BNB chain provides competition in terms of onchain volumes, Solana's network is the undeniable leader with a dex -day -to -day volume standing at $ 2.61 billion at the time of writing. Solana also ordered a 27.7% DEX sharing, leading the BNB chain and Ethereum's 18%.
Sol Bull points point to $ 220
The Sol Price is formed by a bull flag chart pattern in the sunny hours of time, as shown in the chart below.
A bull flag pattern is a bullish setup that forms after a price combined within a down-sloping range following a sharp price increase.
Toro flags are usually resolved after the price breaks above the upper trend and increases as much as the height of the previous uptrend. It puts the upper target for the SOL price at $ 220, up to 53% from the current price.
Crypto analyst Rishad Says That sol price will have to hold $ 120 – $ 130 support to increase the chances of moving towards $ 178 and more.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
