- Solana targets $180 with surging DEX volumes.
- Volumes surpass $500 billion in 2025.
- Key technical indicators support bullish momentum.
Surging DEX volumes underscore Solana’s market significance, hinting at increased institutional interest and a trend favoring bullish valuation.
Solana has been experiencing a remarkable surge in market activity with DEX volumes surpassing $500 billion by May 2025. This increase has sparked analyst forecasts for Solana’s price to reach $180 based on current momentum. Analysts attribute this momentum primarily to on-chain metrics rather than direct leadership statements. Institutional interest is also noted as Bloomberg’s Eric Balchunas anticipates high approval odds for Solana ETFs.
The burgeoning volumes indicate a robust interest in Solana, potentially outpacing other Layer 1 networks. Technical indicators like rising RSI and long/short ratios, further reflect optimism from market participants. Experts suggest that as Solana garners attention, it’s positioned for substantial institutional investments. This can lead to further appreciation and support from mainstream financial markets.
As Solana maintains its upward trajectory, analysts anticipate significant capital flows. This could further bolster Solana’s financial standing and encourage mainstream adoption within the cryptocurrency space. Historical trends indicate that continued regulatory support may sustain Solana’s bullish momentum.
As per market analysts, “Analysts predict SOL could maintain stability at $180, provided global crypto regulations remain favorable.”
