SOL Targets $300 on Strong Network Signals

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Solana price is 86% higher than its $95 lows reached on April 7, as onchain data and a classic pattern suggest that SOL may continue climbing to new all-time highs.

Solana's $9.4 billion TVL is a 54% increase since April 7.

Solana’s memecoin daily trading volume has more than doubled since early April. 

A bullish V-shaped recovery pattern projects SOL price to rise toward $300.

Solana’s native token, surged 86% between April 7 and May 26, following a broader altcoin market rally that also saw Bitcoin hit new all-time highs above $111,000.

Since then, SOL has struggled to break above $180, but onchain and technical data still suggest further gains are in store for the altcoin. Can SOL hit all-time highs above $300?

Solana’s TVL up 54% since April 7
The total value locked (TVL) on the Solana blockchain has increased by over 54% to $9.44 billion on May 26 from multimonth lows of $6.12 billion on April 7. It’s also up by almost 20% over the last 30 days.


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