Solana Price Prediction: On-Chain Data Shows Whales Choosing SOL – Can it Overtake Ethereum?

In the previous few weeks, Solana has slipped again into its previous behavior, outperforming Ethereum and almost touching its all-time high earlier than pulling again. This run has pushed Solana value prediction sky-high, particularly as establishments and Wall Street heavyweights proceed backing it.

Two of the largest Solana treasuries launched back-to-back, with Pantera Capital backing shopping for billions of SOL at a high common value and setting a brand new ground on the chart. The numbers clarify the optimism. Solana’s TVL grew 0.30% over the previous month, whereas Ethereum’s TVL dropped greater than 7% regardless of breaking its all-time high.

On-chain exercise tells the identical story. Solana averages greater than $5B in every day DEX and on-chain quantity. While plenty of that after got here from memecoins, the circulate is now shifting, giving Solana a stronger basis and supporting bullish value predictions.

Are Memecoins and Pump.enjoyable Losing Steam?

Blockworks information exhibits meme cash as soon as made up over 60% of Solana’s DEX exercise in late 2024 and early 2025. Most of that circulate got here from the now well-known platform pump.enjoyable, which helped Solana almost double Ethereum’s DEX quantity throughout the identical interval.

Solana co-founder Anatoly Yakovenko at all times warned it was not sustainable. Even at peak memecoin frenzy, he backed builders as a substitute, a stance that drew heavy criticism from the neighborhood.

Turns out he was proper. Since the official Trump and Melania memecoin launches, meme coin quantity has dropped arduous, now sitting underneath 30% of whole community exercise, the bottom share since February 2024. Frequent rug pulls and the collapse of tasks like LIBRA and Trump cash killed retail confidence within the house.

That retreat in memecoins exercise lined up with a pointy fall in energetic merchants. Solana DEX every day customers peaked at 4.8M in January however have since slid beneath 800K by September.

Stablecoins Replace Meme Coins: Does It Affect Solana Price?

Stablecoin buying and selling is now stepping in to switch the sooner wave of hypothesis. Blockworks information exhibits swaps between SOL and stablecoins have climbed to almost 58% of DEX quantity, the very best since November 2023. Direct stablecoin-to-stablecoin trades are additionally gaining floor, now accounting for about 4% of exercise.

Solana’s stablecoin ecosystem has boomed to greater than $12B, up from $5B at the beginning of the yr. This shift indicators the community is maturing past its memecoin growth. Traders are leaning into stablecoins as safer, extra versatile instruments for hedging, funds, and institutional methods. That pivot is probably going one of many causes Wall Street’s consideration on Solana retains rising.

Solana Price Prediction: Why Analysts Target $400–$500 for SOL

SOL value has taken a success, down over 10% this week and dropping one other 3% immediately, now nearing an enormous assist zone. The chart is exhibiting a shift in tune: first it ripped out of a falling wedge to kick off the run, and now it is caught in a rising channel, testing that $213 line.

Holding the $200–$210 zone is vital. If bulls maintain it, momentum stays alive, and $295 is the following massive cease. Breaking out of that stage places a run towards $400 on the desk. Lose it, and value might dip deeper.

The RSI is sitting within the mid-40s at 44, so momentum is cooling however not oversold, whereas MACD is tilting barely bearish. Still, with establishments backing closely and a market bounce in play, the bullish setup appears just like the one analysts favor to wager on.

Snorter Presale: The Next Big Play on Solana’s Rise?

Solana retains proving doubters flawed. Even after a latest pullback, it remains to be the one main chain matching Ethereum’s measurement whereas flipping the narrative in its favor. With stablecoin flows and institutional backing now driving exercise as a substitute of memecoins, merchants are looking for actual platforms to capitalize on the Solana value prediction of the following leg larger.

That is the place Snorter comes in. Built instantly on Telegram, Snorter is giving Solana merchants the sharpest edge doable: pockets mirroring, MEV safety, honeypot scans, and a clear 0.85% price that beats out bloated rivals.

Add in staking at 116% APY and bonus rewards for holders, and you’re looking at some of the full Solana buying and selling hubs on the market.

The presale has already surged previous $4.06M, with whales and retail each piling in early. Just just like the billions flowing into Solana treasuries, this presale momentum is setting the tone for a powerful breakout as soon as SNORT hits the market.

If Solana is turning into the chain establishments belief, Snorter is shaping as much as be the instrument merchants belief to benefit from it.

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