The uncertainty of the Crypto market results in negative yields of the year to date for Altcoins in the Top 10, including Solana. Amid the fearful feeling of merchants and the economic consequences of the tariff ads of President Donald Trump, Solana reduces the decrease of the entire market with a constant increase in the last 10 days.
Solana (SUN) The price could receive an impulse from the decision of the United States Federal Reserve to start reducing interest rates soon. The operators expect cuts of percentage points of three to four quarters in 2025.
Solana pricing forecast
Solana finished her downward trend on March 10 and has been consolidating around $ 135, a key level for the alternative token of Ethereum.
At the time of writing, Sol quote $ 138.75.
Sol recovered almost 20% in the last week and almost 8% in the last month. As $ 125.82 is the support level for the Altcoin, it coincides with the upper limit of an imbalance zone in the daily price table/USDT.
Two key impulse indicators, RSI and MacD admit an upward thesis in Solana. The green histogram bars above the neutral and RSI line are inclined up with a 56 reading suggest a subjacent positive impulse in the upward trend.
Solana could gather 13.33% and test the level of $ 152.90, a key resistance and previously a key support for Altcoin. If Solana successfully turns the level of $ 152.90 from the resistance to support, a rally to the resistance to $ 180, a sticky resistance for Altcoin during March and the first two weeks of April 2025.
Sun analysis in the chain
The data in the Nansen chain compare the activity through Solana, Base and Ethereum. Sol leads with more than 4 million active addresses in the last seven days. The base is the second and Ethereum occupies the lowest range.
A higher active addresses shows the relevance and demand of Token among market participants.
Comparing the volume of Dex in the three chains, Solana leads with more than $ 5.48 billion, while Ethereum occupies the second place at $ 975 million and the base continues with $ 465 million.
In terms of transactions, Solana leads with 52 million transactions in the last seven days, while Ethereum and Base are left behind, according to Nansen’s data. This is consistent with data for active addresses.
In terms of rates generated by the 5 main chains, Solana is the second best with a 17% increase in active addresses, almost 9% increase in transactions and 42% gain in the rates generated in the last seven days, according to Nansen’s data.
Santiment data shows a great increase in social domain on Friday, compared to 8.30% from April 15 to 21.59% on April 18. Together with an increase in social domain, the total open interest in Solana rose, in terms of USD.
This implies that the total value of long and short open positions in Solana has increased in the same period, which supports a thesis for a manifestation in the price of Solana.
Weekly Sun Price Performance
Grayscale, one of the largest alternative assets fund managers compared the yields of the 10 main cryptocurrencies for a week. The data show that Solana rose 10.5%, while the yields to date are 30.6% negative, to a market capitalization of $ 69 billion.
Solana leads the 10 main cryptocurrencies that its weekly profits, XRP leads in annual returns to date where Sol is left behind. The flashcrashes in Bitcoin Price and the correction of the market in Crypto dragged the price of Solana, cleaning the profits of 2024 and contributing to negative yields for the date.
Solana vs. Layer 1 and layer 2 chains
When the Solana network income is compared to the chains of layer 1 and layer 2 such as Ethereum (Eth), Bitcoin (BTC), Tron (Tron), shows that Sol surpassed its competitors.
The revenues of the sun network for the first quarter of 2025 are $ 819 million, Ethereum and Tron are within the first three, while Bitcoin is left behind with $ 51.97 million of income in the first quarter.
When solana income generated in the last seven days is compared, it shows that the Ethereum competitor continues to lead and located among the 5 main chains, according to Nansen’s data.
Sol continues to dominate among competitors with the highest income generation. If the suck value is equated with its income generation, the Token is probably undervalued and could generate more profits next week and in the second quarter of 2025.
Profit driving catalysts in Solana
Solana network developers are not alone in their efforts to climb the sun infrastructure to make it faster, more resistant and scalable.
Coinbase, one of the largest centralized exchanges, announced its system update to process solana transactions in a way that increases processing performance, improves performance and optimizes operational controls.
Coinbase shared the update on X and informed the merchant community about its commitment to boost the infrastructure of the Red Solana to increase reliability for end users as well.
The Exchange presented plans to continue investing in the Solana Red and its development in the future.
Solana ETF presentations and its progress in H1 2025 are another key market market. An approval of the SEC of the United States could catalyze a manifestation in Solana in the second quarter of the year.
Disclosure: This article does not represent investment advice. The content and materials presented on this page are only for educational purposes.