Solana following Bitcoin? Network activity, chart pattern point to $300 SOL price

Date: 2025-05-26

Key takeaways:Solana's $9.4 billion TVL is a 54% increase since April 7.Solana’s memecoin daily trading volume has more than doubled since early April. A bullish V-shaped recovery pattern projects SOL price to rise toward $300.Solana’s native token, SOL, surged 86% between April 7 and May 26, following a broader altcoin market rally that also saw Bitcoin hit new all-time highs above $111,000. Since then, SOL has struggled to break above $180, but onchain and technical data still suggest further gains are in store for the altcoin. Can SOL hit all-time highs above $300?Solana’s TVL up 54% since April 7The total value locked (TVL) on the Solana blockchain has increased by over 54% to $9.44 billion on May 26 from multimonth lows of $6.12 billio...

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