Solana Transaction Volume Surpasses $4 Trillion, Price Poised to Challenge $90 Mark

Despite recent price pressures, Solana maintains market attention with strong network activity. Data shows that the blockchain's cumulative transaction volume has exceeded $4 trillion in the past three years, demonstrating its profound influence in decentralized finance and digital asset trading. Notably, in mid-2025, weekly transaction volume once climbed to $120 billion to $130 billion, reflecting high market participation and liquidity attraction to the Solana ecosystem.

Even with the current market slowdown, Solana's weekly transaction volume remains stable between $12 billion and $15 billion, indicating that traders continue to be active in its decentralized exchanges and new token issuance projects, further solidifying its position as a mainstream blockchain infrastructure.

From a price structure perspective, Solana has recently formed key support around $80. Technical analysis indicates that after the price retraced from a high of $92 to $93 to around $84, it began to consolidate in a narrow range of $83.5 to $84.5 with decreasing volume, as buying pressure gradually absorbed selling pressure. If this support area holds, the price is expected to break upward to $86 and further challenge the $90 to $92 resistance zone. If market sentiment improves, some short positions may face forced liquidation risks, potentially boosting the price upward. In the long term, market confidence in Solana remains strong. Although the current price is around $83, a significant correction from its high of nearly $300 a year ago, many analysts believe this is only part of a cyclical adjustment. Prominent crypto commentator borovik pointed out that as the next crypto bull market begins, Solana is expected to return to above $500, supported by its continuously expanding developer ecosystem, efficient transaction throughput, and increasingly rich DeFi News and NFT application matrix.