As Solana continues to capture the attention of investors and traders alike, various data points indicate a promising future for its native token, SOL. Recently, the stablecoin supply on the Solana network soared by an impressive 156% in 2025, reaching a staggering $12 billion. This remarkable growth, coupled with significant developments in Total Value Locked (TVL) and trading volumes, suggests that SOL’s price rally may not be over yet.
Stablecoin Market Cap Reaches New Heights
Solana’s stablecoin ecosystem has seen rapid expansion, with its stablecoin supply surpassing $13 billion. USDC remains the dominant stablecoin on the network, holding a remarkable 77% market share. The growth of stablecoins is critical to Solana’s decentralized finance (DeFi) landscape, as they enhance liquidity and increase demand for SOL. Historical data indicates a strong correlation between rising stablecoin inflows and SOL price rallies.
Growth in SOL’s Total Value Locked
The increasing Total Value Locked (TVL) in Solana reflects the ecosystem’s growing popularity. With its TVL climbing from $6.1 billion to $7.65 billion in less than a month, Solana now ranks as the second-largest blockchain in terms of TVL and leads in decentralized exchange (DEX) volume. Moreover, daily transaction counts have risen by 25%, signifying strong user engagement and continuous growth.
Technical Analysis: Bull Flag Forming
Cryptocurrency analysts are observing the formation of a bull flag pattern for SOL on the daily timeframe. This technical indicator typically predicts bullish trends, indicating a potential price target of $220, representing a 53% increase from current levels. To sustain this upward momentum, SOL must hold a support level between $120 and $130.
Conclusion
The burgeoning stablecoin market, increasing TVL, and promising technical indicators provide a compelling case for Solana’s potential growth. Investors and traders should keep a close eye on these developments as they may significantly influence SOL’s market performance in the near future. However, it’s important to note that investments in cryptocurrencies carry inherent risks, and thorough research is essential before making any financial decisions.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
