On July 22, 2025, the cryptocurrency Solana (SOL) demonstrated significant growth, with its price exceeding the $200 mark, reaching its highest level since February 2025. Over the past day, the price of SOL increased by approximately 4%, and over the week, it rose by 25%, according to data from CoinGecko.
This is reported by Finway
“On July 22, the price of Solana surpassed $200, reaching a six-month high.”
Increase in Market Capitalization and Network Activity
The market capitalization of Solana also experienced a record surge, exceeding $107 billion. Thus, SOL overtook BNB and established itself among the leaders of the cryptocurrency market in this metric, reports CoinMarketCap.
At the same time, the total value locked (TVL) in the Solana network sharply increased, surpassing $10 billion, marking a new high since February of this year, according to DeFiLlama.
Expert Analysis and Predictions
The rise in SOL’s price was accompanied by increased interest among the cryptocurrency community. According to analysts at Santiment, the asset exhibits short-term volatility; however, the highest developer activity in the past two months positively impacts its long-term outlook.
Previously, analysts at Standard Chartered predicted that by the end of 2025, Solana could reach $275, and by 2029, $500. Meanwhile, in the short term, SOL is likely to lag behind Ethereum due to its significant dependence on the meme coin market, experts believe.