Solana News Today: Solana Hits 100,000 TPS as SOL Rises 4.2% on Strong Ecosystem Growth

Solana (SOL) is experiencing a notable surge, with the token currently trading at $184.38, reflecting an intraday gain of 4.2% and a weekly increase of 3.5% [1]. This growth coincides with the Solana mainnet surpassing 100,000 transactions per second (TPS) during recent weekend testing, reinforcing its position as one of the most scalable high-performance Layer 1 blockchains [2]. The network’s hybrid consensus mechanism—combining Proof-of-History (PoH) with Proof-of-Stake (PoS)—continues to deliver ultra-low latency, low fees, and high throughput, which are essential for hosting real-time decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming applications at scale [3].

One of the most significant indicators of Solana’s growing importance in the blockchain ecosystem is the rapid issuance of USDC stablecoins on its network. Over $1.25 billion in USDC was minted on Solana in just seven days, bringing the year-to-date total for 2025 to $24 billion [4]. This figure positions Solana as the second-largest stablecoin chain by issuance, behind Ethereum. The substantial growth in USDC minting highlights the chain’s appeal to developers and users seeking fast, cost-effective, and reliable infrastructure for stablecoin transactions [5].

Despite recent gains, the price of SOL has faced minor corrections due to whale-driven sell pressure as traders take profits after the recent rally [6]. However, order book data shows strong buy walls forming around the $182–$183 support zone, suggesting that downside risks are currently limited [7]. If this momentum continues, SOL could retest key resistance at $193.14, with a potential breakout aiming for $205 USD [8].

From a broader perspective, Solana’s market fundamentals remain robust. It has a market capitalization of $99.48 billion and a circulating supply of 540 million SOL, with a fully diluted valuation estimated at $112.08 billion [9]. The chain’s validator diversity has also increased, with clients like Firedancer, Jito Labs, and Sig contributing to enhanced decentralization and network reliability [10]. These improvements are critical for supporting institutional-grade decentralized applications (dApps) and attracting further capital inflows.

The broader crypto market has also contributed to Solana’s favorable environment. Bitcoin is trading at $116,631 USD, while Ethereum hovers around $4,376 USD, creating a macro backdrop that supports capital rotation toward high-performance altchains like Solana [11]. As Bitcoin dominance declines to 57.7%, more investors are allocating capital to altcoins, particularly those with strong technical performance and active ecosystems [12].

Solana’s ecosystem is expanding through aggressive Layer 1 capital inflows, with its total value locked (TVL) rising across major protocols such as Jito, MarginFi, and Phoenix DEX [13]. Additionally, the introduction of Ethereum-compatible smart contracts via Solang and the successful launch of meme tokens and gaming assets like Dogwifhat and Book of Meme are further driving engagement and speculative interest [14]. These developments indicate a healthy and growing user base with strong on-chain activity and real-world use cases.

Overall, Solana is demonstrating strong fundamentals, technical resilience, and sustained ecosystem growth. With continued USDC minting, validator improvements, and institutional interest, the platform appears well-positioned to maintain its upward trajectory through Q3 2025 [15].

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[1] Source: SOL/Tradingview

[2] Source: Coinmarketcap

[3] Source: Coinmarketcap

[4] Source: ETHNews

[5] Source: ETHNews

[6] Source: Tradingview

[7] Source: Tradingview

[8] Source: ETHNews

[9] Source: Coinmarketcap

[10] Source: ETHNews

[11] Source: Tradingview

[12] Source: ETHNews

[13] Source: ETHNews

[14] Source: ETHNews

[15] Source: ETHNews