Key Insights:
- Solana shows stability near $200, with potential upside to $300 if momentum continues.
- Q3 revenue reaches $223M, surpassing all blockchains despite a broader market slowdown.
- TVL on Solana increases by 218% in 30 days, reflecting the rising adoption of tokenized assets.

Solana ($SOL) is trading steadily around the $200 level as market analysts track its next price movement. The digital asset has shown renewed buying interest, suggesting that traders are positioning for a possible breakout above $300. Recent price movements indicate that the cryptocurrency may experience upward momentum if buying interest persists at this level.
Market Stability and Price Outlook
According to analysts CryptoPulse, Solana has shown firm stability near $200, mirroring previous support levels seen earlier this year. The analyst noted that this area has attracted consistent demand from traders and long-term holders.
The analysis added that if the current momentum continues, $SOL could rise toward the $300 mark. The potential increase represents an estimated 87.6% upside from current levels. Positioning above $200 may be strategically favorable for those anticipating an upward trend.

As of press time, Solana trades at $205.79 with a 24-hour trading volume of $11.23 billion. The cryptocurrency has gained 6.67% over the past 24 hours, exhibiting strong short-term momentum as investors monitor its potential to move toward the $300 target.
Strong Q3 Blockchain Revenue Performance
Meanwhile, Data from ARK Invest’s Q3 DeFi report shows that Solana led all blockchains in quarterly revenues. The network recorded $223 million in revenue during the third quarter of the year. Analysts at ARK Invest noted that Solana continued to maintain user activity and generate real fees despite the general market slowdown.
While total blockchain revenues have fallen 83% from their 2021 highs, Solana has continued to record consistent economic activity. ARK Invest noted that the network’s ability to sustain user participation and transaction volume supports its long-term relevance. Solana’s continued revenue generation shows resilience in a weaker market.
Rapid Growth in Network Activity and TVL
Moreover, Solana’s total value locked (TVL) has increased by 218% in the past 30 days. The rise is driven by higher adoption of real-world assets and new tokenized projects. The firm explained that this surge reflects growing on-chain engagement and liquidity inflows.
Analysts also observed that the increase in TVL could boost network activity as more users and developers deploy assets on Solana. Securitize stated that this growth supports broader ecosystem expansion across various decentralized applications and services.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |









