Solana Trading Volume Surpasses Ethereum and BNB in April
Solana trading volume surpasses Ethereum and BNB, placing the blockchain second only to Tether in terms of transfer value. According to CryptoRank, Solana processed $28.07 billion in transaction volume over the past 30 days — ahead of Ethereum and Binance Smart Chain, but behind USDT’s $300 billion.
Capital Inflows Into Solana Hit $4.72 Billion in One Week
Glassnode data shows that Solana saw $4.72 billion in capital inflows over the past week, pushing its total active capital to $9.46 billion — the highest since March 2025. Analysts view this as a signal that investor confidence in Solana is rebounding.
Technical Breakout Supports Bullish Outlook
Chart analyst AMCryptoAlex highlighted that Solana has broken out of a falling wedge pattern — a classic bullish reversal formation. The breakout was supported by strong volume and price momentum, indicating that the downward trend may have ended.
Short-Term Targets Between $170 and $180
Solana is currently trading at around $147.59. Based on technical projections, the next short-term price targets lie between $170 and $180. If current sentiment holds, analysts suggest that new highs could be reached as early as Q3 2025.
Solana’s Market Cap and Supply
Solana’s market capitalization now stands at $76.4 billion, with a circulating supply of 520 million SOL. The asset’s growing network activity, increasing capital inflows, and strong technical signals point toward continued upside potential.
