Here Are 3 Major Trends That Can Trigger Next Solana Price Rally

Proof-of-stake blockchain platform Solana is back in the spotlight. Investors are closely watching key developments that may lead to the platform’s next big price rally for its native crypto, SOL.

The blockchain platform, known for its speed and low fees, has gained ground despite recent market pressure.

Several major trends are unfolding that could crucially shape its price direction in the coming weeks.

Solana Price Trend Shift Signals a Pivotal Moment

As a post on X revealed, the Solana price faces several possible turning points. One of the main challenges is regulatory pressure.

CoinMarketCap highlighted that the United States Securities and Exchange Commission (SEC) has raised concerns over proposed Solana staking ETFs.

Incidentally, this triggered uncertainty and contributed to a 9% price dip last week. Fortunately, investor interest remains strong.

Canada’s SOL Strategies is targeting a $1 billion fund, while Classover Holdings has announced a $500 million investment plan for Solana.

For Classover Holdings, 80% will reportedly be allocated to Solana-based assets.

These financial moves show that institutional players still see growth potential despite regulatory hurdle.

Another key development is the integration of Solana into MetaMask. Native support has been added for browser users, with mobile compatibility expected soon.

This integration could make Solana more accessible to a broader audience and help attract new users to the network.

Meanwhile, Solana continues to expand into gaming with the launch of Bonk Arena, a win-to-earn title built on the protocol.

This shows growing developer engagement and adds another use case that may drive token demand.

Over 1.4 million new tokens, mainly meme coins, were launched on Solana in May alone, highlighting an active ecosystem.

Also, Solana Foundation signed an MOU with Dubai’s VARA to boost regulatory collaboration and ecosystem development.

All these signs suggest that Solana is building momentum despite short-term price weakness.

SOL Revenue Surge Points to Wider Adoption

It is important to mention that another promising trend for Solana is the remarkable increase in revenue from decentralized applications (Dapps).

Solana’s share of total DApp revenue has jumped from 0.3% to over 50% in just two years. This rise suggests growing traction among developers and users.

In November 2024 alone, Solana Dapps generated $106 million. This made up more than a quarter of the total network revenue.

This growth also displays Solana’s appeal as a cost-efficient and scalable platform.

Many people believe that the network’s ability to handle high volumes of transactions makes it a top choice for developers looking to build real-world asset (RWA) platforms.

New integrations, including tokenized assets like $BUIDL and $ACRED through RedStone DeFi, show how Solana price is being used to push boundaries in decentralized finance.

All of these changes point toward growing adoption that could boost its long-term value.

Solana Price Prediction Shows Breakout Potential

As of writing, CoinMarketCap data shows that SOL price was trading at $156.89. It is currently down by 2.96% in the last 24 hours.

Also, despite recent dips in trading volume of 15.51% to $3.01 billion and market cap currently at $81.89 billion, analysts remain hopeful about Solana’s price.

Bloomberg has projected that cryptocurrency ETFs, including for Solana, may launch in 2025.

If approved, such financial products could draw in fresh capital and provide a major lift to Solana’s valuation.

Likewise, JPMorgan analysts suggested that approving a Solana ETF could influence price, estimating potential inflows between $3 billion and $6 billion.

Meanwhile, developer activity remains high, and key integrations fuel adoption.

If these trends continue to play out, a $520 SOL is inevitable by the year-end, as projected by VanEck

The post Here Are 3 Major Trends That Can Trigger Next Solana Price Rally appeared first on The Coin Republic.