Solana: The American Blockchain Making a Comeback
(Previous post: https://www.tradingview.com/chart/ETHUSD/9mlw6RLM-Global-Market-Overview-Part-4-1-ETH/)
Continuing from everything I’ve written earlier about Bitcoin and Ethereum, Solana deserves a separate spotlight.
Because this asset is a different story altogether. It’s not like Bitcoin. It’s not like Ethereum.
Solana has its own path, its own logic — and most importantly, its own market cycle, which follows a very different pattern of growth.
Why did Solana rally?
Let’s be blunt: Solana isn’t just a blockchain — it’s the epicenter of the new crypto cycle, where the main drivers weren’t decentralization or institutional capital, but memes, hype, and community.
Thousands of new tokens launched on Solana became the spark behind an explosion of interest.
The network surged with activity, and it was that real usage — not marketing — that pushed market cap higher.
But that’s not all.
Solana is Made in the USA.
And in crypto, just like in politics, that matters.
An American project, developed on U.S. soil, Solana quickly gained the trust of the largest and wealthiest crypto investor base in the world — American investors.
To be precise: it was the U.S. crypto community that pushed Solana into the mainstream.
And once funds and OTC brokers joined the party, it became clear — this asset isn’t going anywhere.
What about fundamentals?
Peak price: nearly $300
Growth from 2021 to 2024: one of the fastest in crypto
Network load: consistently high
Number of projects in the ecosystem: growing
Confirmed approval for a Solana ETF in the U.S.
Technological flexibility and strong developer support
U.S. jurisdiction: trusted by both institutions and retail
Why didn’t it crash with the rest of the market?
Here’s the twist: even as the crypto market was rocked by negative news and broad corrections, Solana held above $100.
That’s a key support level — and it held up under pressure from:
Trump’s tariff panic
Futures market liquidations
Capital outflows from other altcoins
Rising Bitcoin dominance
Yes, the price pulled back to the $130–140 range, but it never broke major support — a clear sign that strong hands haven’t let go.
But why hasn’t it gone higher if things are so good?
Simple: the Solana ETF hasn’t officially launched yet.
But once formal approval from the SEC is in place — the asset is set to explode.
We already saw a pump above $200 just on rumors.
Now the clock is ticking — when will rumor become reality?
And here’s a spoiler: the Solana ETF has already been approved.
In crypto, that’s how it goes — first the whispers, then insider info leaks, then the price runs.
And finally, when the official news drops — that’s when the real move starts.
We haven’t seen that final leg yet because of all the macro confusion over tariffs.
What’s next?
I’m not giving financial advice.
But here’s the reality — I bought Solana on the dip and I’m still buying.
Why?
Because I need to recover the $300K I lost on Ethereum
Because everything points to a continuation of the bull trend
Because no other major asset offers this kind of symmetry between fundamentals and upside potential
Solana isn’t a bubble.
It’s a trading platform for the meme economy — and one of the few blockchains where actual demand matches real scalability and low fees.
And in crypto, that means a lot.
My personal take
If you’ve got free cash right now — don’t be afraid to look Solana’s way.
I see no reason to fear this asset in the medium to long term.
The network is alive. The network is growing. The asset is holding strong.
Now all we need is the next trigger — and it will come.
The potential to see $200 again in the coming months?
Very real.
"Knowledge is power, and those who hold it rule the world," said Nathan Rothschild. In our case, those who hold the right knowledge hold the keys to wealth.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
"Knowledge is power, and those who hold it rule the world," said Nathan Rothschild. In our case, those who hold the right knowledge hold the keys to wealth.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.