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Solana (SOL) Jumps 5% as DeFi Metrics Heat Up and Traders Pile In

Solana (SOL) Jumps 5% as DeFi Metrics Heat Up and Traders Pile In

Coindesk
Author:
Coindesk
Release Time:
2025-05-14 14:26:47
0

Solana (SOL) Surges 5% on Heavy Volume and Strengthening DeFi Metrics

Solana’s native token SOL rockets past resistance on heavy volume—DeFi TVL climbs while ETH maxis grumble about ’VC chains.’

Network activity spikes as traders chase momentum: daily active addresses hit 3-month highs, DEX volumes double in a week. The usual suspects—Jupiter, Raydium—lead the charge.

Cynics note the pump coincides with yet another ’institutional adoption’ press release. Funny how that works.

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