Solana Price Targets $150 Amid Surging Investor Activity and Market Confidence

Solana’s price is poised to reach $150 as investor activity surges, with active addresses hitting a two-month high. This renewed interest and confidence in the blockchain, coupled with the price rise, present a strong buy signal. If these trends continue, Solana could break through key resistance levels, further solidifying its market position. Additionally, Solana is outpacing Ethereum in market growth and liquidity, though uncertainties remain.

Solana Price Eyes $150 as Investor Activity Surges

Solana’s price is aiming to cross $150, fueled by a surge in investor participation. Active addresses have hit a two-month high, signaling renewed interest and confidence in the blockchain. This increase in activity, combined with the price rise, provides a strong buy signal. If these trends persist, Solana could build enough momentum to break through key resistance levels.

Solana Outpaces Ethereum in Market Growth and Liquidity, But Faces Uncertainty

Solana [SOL] has been outperforming Ethereum [ETH] in terms of market growth and liquidity flow, with a market capitalization of $71.93 billion compared to Ethereum’s $190.41 billion. A notable whale has been reducing its ETH position and adopting SOL as a preferred investment. However, the future path for Solana remains uncertain as sell-offs begin to increase gradually. AMBCrypto found that SOL might continue to attract more liquidity than ETH, potentially allowing it to outperform and trade at higher levels.

Solana Whale Makes $153M Profit from 4-Year Staking

A crypto whale who initially invested in Solana (SOL) when it was valued at $27 has made over $153 million in staking-related profits. The whale had staked 991,079 SOL in 2021 and recently unstaked 100,000 SOL, worth $13.9 million, depositing it into Binance. The whale still has 1.19 million SOL staked, valued at $166.37 million. The substantial profit highlights the potential of long-term staking in cryptocurrency.

Janover Boosts Solana Holdings, Rebrands as DeFi Development Corporation

Janover has increased its Solana (SOL) holdings by acquiring 88,164 SOL worth approximately $11.5 million. This brings the company’s total SOL holdings to 251,842 SOL, valued at $36.5 million. Additionally, Janover has announced a rebranding to DeFi Development Corporation, signaling a focus on its SOL-based MicroStrategy playbook.