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Home»ADOPTION NEWS»Solana Bull Flag, Sol Price Rally, stablecoin market price rising for $ 220
ADOPTION NEWS

Solana Bull Flag, Sol Price Rally, stablecoin market price rising for $ 220

By Crypto FlexsMay 6, 20253 Mins Read
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Solana Bull Flag, Sol Price Rally, stablecoin market price rising for $ 220
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Main takeout:

  • Solana’s STABLECOIN supply rose 156% in 2025, making a new record of $ 12 billion.

  • SOLANA’s TVL led the $ 7.6 billion, Ether Leeum and BNB chain, to 25%, an increase of 25% due to a 27.7% distributed trading market share.

  • SOL Price formed a bull flag at a price target of $ 220.

SOLANA’s indigenous tokens, SOL (SOL), failed to maintain optimistic momentum after reaching $ 156 on April 25, but various data points suggest that Altcoin has not ended.

SOL Stablecoin’s market cap is $ 13 billion

Solana’s Stablecoin Supply surged 156% in 2025, surge in $ 13 billion, a new high.

Solana’s Stablecoins has recently stood over $ 1.3 billion and set a new ATH.@calily The reason why Solana was built for the purpose of moving the digital dollar at the Internet speed pic.twitter.com/wyppg0Leg6

-Solana (@solana) May 5, 2025

Circle’s USDC (USDC) remains a stable state selected by Solana users with a 77%market share with Solana users.

Solana Stablecoin Supply surpassed $ 130 billion to record a new all -time high. Source: Defillama

Stablecoins is essential for Solana’s distributed financing (Defi) ecosystems, increasing the liquidity used for trading fees and staying, and increasing prices due to increased demand for SOL.

As you can see between December 2023 and August 2024, the SOL Price’s 230% rally is accompanied by $ 1.5 billion to $ 4 billion, as it is accompanied by $ 1.5 billion to $ 4 billion.

Solana tvL and transactions increase

Solana remains the second largest blockchain in terms of total value lock (TVL) and ranks first in the DEX volume.

Solana’s tvL rose from $ 6.1 billion on April 9 to $ 7.6 billion on May 6, up more than 25% for almost 30 days.

Solana tvL and transactions. source: Displacement

Benign signs include 44% increase in sedimentary water for sanctuary, 25% growth in liquid staying, JITO and KAMINO.

Solana’s daily transactions have increased to 578 million transactions, up 25% over the last month.

Ether Leeum and BNB chain are competing in terms of onChain volume, but Solana networks are uninhaulable leaders with a daily Dex volume of $ 2.66 billion at the time of writing. Solana also commands the market share of 27.7% DEX volume ahead of 18% of BNB chain and Ether Leeum.

Dex volume of the blockchain. Source: Defillama

SOL BULL FLAG points to $ 220

SOL Price formed a Bull Flag chart pattern for a daily period, as shown in the chart below.

Bull Flag Pattern is a strong setting that is formed after the price rises rapidly and then integrates the price within the down sloping range.

SOL/USD Daily Chart. Source: COINTELEGRAPH/TradingView

The bull flag is generally solved after the price is higher than the top trend line and rises by the height of the previous rising trend. As a result, the top goal of SOL Price was $ 220, up 53% from the current price.

RISHAD, an encryption analyst, said that Sol Price must have $ 120-$ 130 support to increase the likelihood of moving to $ 178 or more.

This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.