Solana shatters 400B transactions – Will this help SOL reach $150?
The post Solana shatters 400B transactions – Will this help SOL reach $150? appeared on BitcoinEthereumNews.com.
Solana crosses 400B transactions as real network usage and TPS remain industry-leading. Hot capital inflows surge $4.72B in a week, SOL price eyes $150 amid mixed technicals. Solana [SOL] just blew past 400 billion transactions — and it didn’t stop there. In a week that saw hot capital surge by $4.72 billion, its sharpest inflow since January, the high-speed blockchain reignited investor appetite and sent $SOL sailing above $150 for the first time since March. The rally has cooled slightly, but Solana’s bullish momentum is back on-chain and on fire. Solana is on a power run! Solana has officially crossed 400 billion lifetime transactions, having clocked in at over 400,189,228,000 – a staggering figure that puts its high-throughput narrative on full display. The network is currently humming along at 4,262 transactions per second (TPS), with a True TPS of 1,045 — still leagues ahead of most Layer-1s. Source: X The distinction matters: True TPS filters out vote transactions and reflects actual user and dApp activity. This isn’t just noise on-chain; it’s real usage, and it backs up the recent capital inflow and market rally. Hot capital sees biggest spike since January On the 28th of April, hot capital — the value held by coins moved within the last 24 hours to 1 week — surged to $9.46 billion, its highest level since mid-March. Source: Glassnode That’s a $4.72 billion jump in just seven days, marking the most aggressive weekly inflow since the 23rd of January. The chart showed a clear thickening in younger coin bands, suggesting active rotation and renewed speculative appetite. Solana’s price outlook Solana maintained its footing near $147 at press time, up 0.70% in the past 24 hours. However, momentum indicators flashed mixed signals. The RSI hovered at 59.5, just shy of the overbought zone, suggesting weakening…
Filed under: News - @ April 30, 2025 11:27 pm