SOL’s price action may not look particularly exciting right now, but the underlying data is getting harder to ignore.
While the price consolidates around $100, Solana’s DEX volume has climbed back above $17B, weekly network fees have surpassed $100M, and the RWA sector has grown beyond $4B in value.
On top of that, cumulative ETF inflows have exceeded $1.3B.
For me, the key thing to watch here isn’t just the price, but whether this growth continues.
If Firedancer, faster slot times, RWAs, stablecoin payments, and institutional products continue to expand at the same time, SOL could be setting the stage for a new price discovery phase.
In my scenario, holding above the $100 level is important.
From there, seeing the $120–150 range come back into focus wouldn’t surprise me.
But I think the real move could come if market liquidity improves and Solana’s growing network activity starts getting reflected in its price again.
I’m not looking at solana:So11111111111111111111111111111111111111112 as just another altcoin anymore. I’m watching it as an increasingly important piece of financial infrastructure. 👀