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Solana bull flag, rising stablecoin market cap hint at SOL price rally to $220

cryptoweekly by cryptoweekly
May 6, 2025
in bitcoin, News
0

Solana’s stablecoin market cap hit a record high at $13 billion as a bullish SOL chart pattern points to a potential rally to $220.

Key takeaways:

Solana’s stablecoin supply rose by 156% in 2025, to hit a new record at $12 billion.

Solana’s TVL grew by 25% to $7.65 billion, with 27.7% decentralized exchange volume share, leading Ethereum and BNB Chain.

Read more

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Recent Posts
  • Scammers pounce as crypto markets touch new all-time highs
  • Scammers pounce as crypto markets touch new all-time highs
  • Crypto 'control' takes center stage at Roman Storm trial
  • Asymmetric shifts funds strategy after investor posts losses on X
  • Ether emerges as winner after crypto’s ‘watershed moment’: Bitwise
  • Traditional companies enter the crypto treasury game with BTC, XRP and SOL buys
  • SOL price drop to $180 would be 'golden' entry before rally to new highs

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