Solana News Today: Solana Network Activity Surges on Back of Record TPS and Rising TVL

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 12:51 pm ET1min read
SOL
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Aime RobotAime Summary

- Solana's July 2025 on-chain activity hit record highs with 1,318 TPS and TVL near 60 million SOL.

- Analysts predict SOL could reach $1,000 as network adoption and DeFi engagement drive long-term value.

- Technical indicators suggest a potential $180 breakout could push prices toward $297, while Fed rate cuts and ETF speculation add macro support.

Solana's on-chain activity has reached new heights, with July 2025 marking a record for monthly non-voted transactions and transactions per second (TPS) on the network [1]. According to data shared by @SolanaFloor, the average TPS hit 1,318, the highest ever recorded [2]. These developments are fueling optimism among analysts and investors, who are increasingly suggesting that the growing adoption and utility of the

Solana
network could eventually drive the price of SOL to $1,000 [1].

Blockchain analytics firm DefiLlama reports that the total value locked (TVL) in native SOL has reached its highest level in over three years, currently standing near 60 million tokens [3]. This increase in TVL indicates a heightened level of engagement with Solana-based decentralized finance (DeFi) protocols, which could further reinforce the network’s long-term value proposition [3].

From a technical analysis standpoint, the price of SOL is approaching a critical level in the formation of a potential head and shoulders pattern that has been developing since early 2025. A break above the neckline at $180 could trigger a move toward the July high of $207 and eventually the all-time high of $297 [4]. Momentum indicators, including the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), suggest that buyers are currently in control, with the RSI crossing back above 55 and the MACD widening its lead on the signal line [5].

Speculators are also factoring in broader macroeconomic conditions, particularly the possibility of up to three interest rate cuts by the Federal Reserve before the end of 2025 [6]. These cuts could boost liquidity and lead to increased investment in risk assets like cryptocurrencies, further supporting Solana’s price trajectory [6].

While current prices remain more than 75% below the all-time high, analysts note that the growing real-world usage of Solana's network, supported by rising TVL and TPS, suggests that the market may be underestimating its long-term potential [7]. The introduction of a Spot Solana ETF could provide a major catalyst for price discovery, potentially aligning the token’s valuation with the exponential growth of its ecosystem [8].

Sources:

[1] https://cryptonews.com/news/solana-price-prediction-all-time-high-network-activity-eyes-1000/