Solana Surges Above $200: Market Cap, Developer Activity, and Ecosystem Growth
Main Idea
Solana's (SOL) price surpassed $200 for the first time in six months, with market capitalization exceeding $107 billion and total value locked (TVL) reaching over $10 billion, reflecting growing investor and user confidence in the platform.
Key Points
1. SOL price exceeded $200 on July 22, 2025, marking a six-month high, with a 4% increase in 24 hours and 25% over the past week.
2. Solana's market capitalization surpassed $100 billion, peaking above $107 billion.
3. TVL on the Solana network climbed above $10 billion, the highest since February 2025.
4. Analysts noted the surge in price and TVL highlights Solana’s growing relevance in the crypto sphere.
5. The rise in TVL reflects increasing DeFi adoption and interest in Solana’s ecosystem, including NFT platforms and gaming projects.
Description
SOL surpassed $200 for the first time in six months. Market capitalization soared past $107 billion at peak. Total value locked (TVL) exceeded $10 billion, the highest since February 2025. On July 22, 2025, Solana's (SOL) price exceeded $200 for the first time since February, reaching a six-month high. Over the past 24 hours, the asset grew by about 4%, and over the past week, by around 25%, according to CoinGecko. At the time of writing, the coin is trading near the $200 mark. Solana's market c...
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