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SOL Up 25.65% as On-Chain Metrics and Ecosystem Growth Signal Strong Momentum

SOL Up 25.65% as On-Chain Metrics and Ecosystem Growth Signal Strong Momentum

ainvest2025/08/31 00:18
By:CryptoPulse Alert

- Solana (SOL) surged 25.65% in 24 hours, driven by 100M+ daily transactions and 40% weekly growth in DeFi/NFT usage. - Ecosystem expansion includes new Solana Foundation open-source funding, rising validator count, and reduced transaction latency. - On-chain metrics show bullish momentum: $180+ price consolidation, tighter MVRV ratio, and 30% decline in short-term selling. - Analysts highlight Solana's scalability advantages and lack of bearish divergences as factors supporting continued price strength.

On AUG 30 2025, SOL rose by 25.65% within 24 hours to reach $191.92, SOL rose by 856.3% within 7 days, rose by 1800.6% within 1 month, and rose by 735.3% within 1 year.

The recent price action in Solana (SOL) has been driven by a confluence of positive on-chain activity and strategic developments within its expanding ecosystem. Over the past week, the blockchain’s throughput has consistently exceeded 100 million transactions per day, marking a 40% increase compared to the prior week. This surge is attributed to increased usage of decentralized applications (dApps), particularly in decentralized finance (DeFi) and non-fungible token (NFT) marketplaces.

Network usage has been amplified by the activation of multiple high-traffic projects that have launched on Solana’s Layer 1 infrastructure, drawing in developers and users from competing ecosystems. In parallel, the Solana Foundation announced a new initiative to fund open-source development, further reinforcing the network’s appeal as a scalable and developer-friendly platform. These developments have coincided with a notable increase in validator count and a steady reduction in average transaction latency, both of which are seen as positive technical signals.

From a market structure perspective, SOL’s price has shown signs of sustained bullish momentum. The asset has moved beyond key psychological levels, maintaining above $180 for the past three consecutive days. On-chain data also reveals a tightening of the MVRV (Market Value to Realized Value) ratio, a technical indicator that often signals accumulation by long-term holders during strong price runs. This trend is supported by a 30% decline in the number of short-term holders selling their positions over the past week, indicating a shift in market sentiment toward a more bullish outlook.

Analysts project that the continued adoption of Solana-based protocols and the network’s capacity to handle high transaction volumes without compromising speed or cost could support further upside in the near term. Additionally, the absence of meaningful bearish technical divergences—such as a disconnect between price and volume—suggests the current trend may hold.

The recent price performance and on-chain behavior have triggered interest in developing more robust trading frameworks around Solana’s price movements. A backtest hypothesis has emerged, rooted in a strategy that leverages the interplay between on-chain indicators and price action.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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