Solana Reaches $2.85B Amid Increased Institutional Interest from ETFs and Treasuries
Solana's Revenue Growth: Solana generated approximately $2.85 billion in revenue from trading activities and ecosystem fees between October 2024 and September 2025, with trading platforms contributing nearly 40% of this total. Monthly revenue peaked at $616 million during a meme coin surge and has stabilized between $150 million and $250 million thereafter.
Competitive Advantage Over Ethereum: Solana's monthly revenue is 20-30 times higher than Ethereum's at a similar development stage, attributed to its efficiency, low transaction fees, and a robust user base of 1.2–1.5 million daily active addresses, nearly triple that of Ethereum.
Institutional Interest and Holdings: Nearly $4 billion in SOL tokens are held by public companies, with significant treasury growth initiatives underway, including Brera Holdings rebranding to Solmate to focus on Solana assets.
Pending ETF Applications: Multiple Solana ETF applications are awaiting approval in the U.S., with strong market confidence in their potential success despite possible delays from the government shutdown, indicating a promising future for Solana and its ecosystem.
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Technical Analysis for SOL
Technical Sentiment Analysis for Solana (SOL) As of , Solana (SOL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SOL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SOL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Solana (SOL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.921 | 41.711 | 67.271 | 93.061 | 118.621 | 144.411 | 169.971 |
| Fibonacci | 41.711 | 61.326 | 73.445 | 93.061 | 112.676 | 124.795 | 144.411 |
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