Solana has crossed $3 trillion in cumulative DEX volume, while another major network change is just hours away. The second wave of Solana’s rent reduction program is set to go live on mainnet in some hours. Making another 612,000 SOL reclaimable.
That would bring the total reclaimable amount to 918,000 $SOL. Across all five steps, up to 3.06 million SOL, worth about $319 million, could eventually become reclaimable.
Solana Rent Reduction Adds More SOL
The timing comes as tokenized equity supply on Solana hits a record $684 million, up 47% in just three weeks. That adds another notable growth metric to an already busy week for the network.
Solana also saw several ecosystem developments. StonkFun flipped PumpFun in launchpad revenue and is now targeting Robinhood’s Pons, while World went offline after unprecedented website traffic following its launch.
Elsewhere, BulkTrade outpaced Hyperliquid and Lighter in first-day volume as its mainnet bet went live. Solana Mobile also announced $135,000 in prizes for its CLOCK IN hackathon targeting new Seeker apps.
SOL Price Setup Points Towards $150
The broader Solana ecosystem isn’t the only thing getting attention. SOL price action is also shaping up around a potentially bullish setup.
An analyst said SOL has formed a bull flag. If the token breaks and reclaims $105, the bullish scenario points toward a move to $150.
That’s a sizeable jump from the key level, but the setup still needs confirmation. A failure to reclaim $105 would leave the bullish case unconfirmed.
Solana Ecosystem Keeps Adding New Activity
Another development involves Sunrise bringing $PEAQ to Solana as 3.3 million machines begin bonding tokens under its new economic model.
Taken together, the record DEX volume, rising tokenized equity supply, upcoming SOL rent deductions and fresh ecosystem launches give Solana plenty to watch.
For SOL price, though, $105 remains the immediate test. Reclaim it, and $150 becomes the level bulls will be watching.
Was this writing helpful?
Story Ends Here
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Read the Next News
