On July 22, 2025, the cryptocurrency Solana (SOL) saw a significant price increase, reaching a six-month high and crossing the $200 mark for the first time since February. Over the past day, the asset added approximately 4%, and around 25% over the week.
This is reported by Business • Media
Growth of Solana’s Value and Market Capitalization
According to current data, at the time of publication, the coin was trading near the psychological level of $200. At the same time, Solana’s total market capitalization reached over $107 billion, allowing the asset to surpass BNB and achieve a new six-month high in this metric.
Investor Interest and Growth of TVL
According to analysts at Santiment, the strong rise of Solana has stimulated significant interest among crypto enthusiasts. Experts note that while short-term fluctuations are possible, the long-term trend remains positive due to the highest developer activity in the last two months.
“Short-term fluctuations are possible, but the highest developer activity in two months positively impacts the long-term outlook.”
The total value locked (TVL) in the Solana network has also significantly increased, exceeding $10 billion — the highest level since February of this year, according to data from DeFiLlama.
It is worth noting that experts at Standard Chartered previously predicted that the price of Solana could reach $275 by the end of this year and $500 by 2029. However, they estimate that in the short term, Solana may lag behind Ethereum due to its significant dependence on meme coin trading.