Overview

• Market cap is about $126B–$129B per CoinGecko, now above BNB, with SOL up roughly 7% on the day and 16% on the week as daily trading volume tops $13B.
• Traders are watching the $250–$260 area after the push back to the $240 zone.
• Momentum looks stretched with the RSI near overbought, and analysts flag near-term supports around $220 and $208–$210 in a pullback.
• DeFiLlama reports Solana’s TVL at a record $12.95B over the past 30 days, and Solana memecoins’ value has climbed to about $13B.
• Commentators point to potential ETF approvals, faster network upgrades and growing corporate treasury holdings—13 firms reported—as possible catalysts.