Solana Price Holds Strong as Active Addresses and Fees Surge

Solana Price Stays Strong as Network Activity Surges

Solana (SOL) is showing some serious resilience in the crypto market.

While Bitcoin and other altcoins are having trouble finding solid ground, Solana is quietly holding its position above a key support level. But what’s driving this steady performance?

It turns out Solana is getting a boost from more people using the network. With active addresses and transaction fees on the rise, the platform is looking stronger than ever. In this post, we’ll break down what’s happening with Solana, why network usage matters, and how it could impact price action moving forward.

What’s Going On With Solana?

Solana has been trading steadily above the key $130 mark, even with pullbacks in the broader crypto market. At the time of writing, it’s hovering just under $155.

That may not sound like a huge deal—but when you look under the hood, there’s something interesting going on.

Here’s what’s standing out:

• More people using Solana: Daily active addresses have doubled over the past few weeks.
• Network fees are up: Revenue from transaction fees is rising, a signal that activity is increasing.
• Major protocols are gaining traction: Coins like Jupiter and Raydium are driving huge volumes.

Let’s unpack these one by one.

Why Active Addresses Matter

Think of active addresses like foot traffic in a mall. The more people walking around and shopping, the more successful the stores are likely to be.

Solana’s ecosystem has seen daily active wallet users rise from around 500,000 to over 1 million in just a few weeks. That’s a big shift—and it’s not just empty movement.

Projects built on Solana like Jupiter, a popular decentralized exchange (DEX), and Raydium are seeing a spike in trades and unique users.

Why does this matter?

More users on-chain = more transactions = more fees collected = stronger fundamentals for SOL as a token.

Network Fee Revenue Is Surging

Crypto networks earn money through transaction fees. Every time you move tokens, trade on a DEX, or use a smart contract, you pay a fee.

For Solana, this fee revenue has jumped from under $500,000 a day earlier this year to nearly $2 million daily. And that jump didn’t come from higher gas prices—fees per transaction actually stayed low. Instead, it came from more transactions overall.

That shows the network is being used, not just by speculators, but real users running apps, trading, and interacting with protocols.

Compare this with Ethereum, where fees often rise due to congestion. With Solana, the fee growth is demand-driven, not friction-driven.

Lower Congestion = Better User Experience

One reason users flock to Solana is simple—it’s fast and cheap.

Blocks are finalized in under a second. Transaction fees are fractions of a cent. Even during busy periods, like recent DeFi surges, Solana kept humming along without delay.

This kind of usability attracts both developers and users, which in the long-run, builds network value.

If you’re new to Solana, here are some platforms to explore:

• Jupiter DEX – A leading aggregator that finds the best token swap rates
• Dexscreener – An essential tool for tracking real-time trades and price trends
• Phantom Wallet – A beginner-friendly crypto wallet built for Solana

How Does Price Tie Into All This?

It’s simple: strong fundamentals can support strong price floors.

When a network has real usage, it adds confidence that the token isn’t running just on hype. Solana’s price is currently holding firm above $130, thanks partly to increased demand for transaction space on the chain.

Supply and demand are real forces, even in crypto.

Here’s What’s Working in Solana’s Favor:

• Growing active users – More people using Solana dApps
• Increased protocol volume – DEXs like Jupiter pushing billions in trades
• Higher fee earnings – Proving real network demand
• Improved network uptime – No major outages lately, boosting trust

Is Solana Still a Good Buy?

That’s the million-dollar question.

No one can predict exactly where prices are headed. But if you’re a long-term investor, it’s worth looking beyond the charts and watching what’s happening on-chain.

Solana appears to be attracting serious user growth, offering a smooth experience, and generating more real transaction revenue. These are signs of a healthy blockchain ecosystem—not just a speculative spike.

If you’re trading or investing in crypto, always ask yourself:

• Is the network being used?
• Is it fast and cheap for users?
• Are developers building on it?
• Is there real value behind the token price?

Solana checks many of those boxes right now.

Are Traders Paying Attention?

Technical analysts are watching Solana closely. It’s currently trading above its 50-day and 200-day moving averages—often seen as signs of strength.

Some traders believe that if it can hold support around $140-$150, upside targets toward $180 may become more likely in the near term.

However, macro factors like Bitcoin’s price and wider crypto sentiment still play a role. If Bitcoin drops below key levels, Solana could feel the pressure, too.

Still, having strong on-chain fundamentals can provide a buffer.

Looking to learn more about how to analyze trends like this? Check out this guide on crypto backtesting for insights into building your own trading approach.

Final Thoughts

Solana is doing more than just holding its price—it’s quietly gaining real momentum on the ground.

Daily users are up. Fees are up. Trading activity is up. This points toward strength, even if the price doesn’t skyrocket overnight.

If you’re exploring which crypto projects have staying power, Solana deserves a closer look. Its technology is delivering a better user experience, and that’s what keeps people coming back.

Keep an eye on Solana—not just on the price, but on what’s happening beneath the surface.

Want to explore more tools for tracking crypto trends? Take a look at how near real-time data and automation can help sharpen your edge.

Key Takeaways

• Solana is holding steady above $130–$150 amid broader market dips.
• Daily active addresses on the network have doubled in recent weeks.
• Fee revenue is growing, indicating real usage and rising demand.
• Major DEXs like Jupiter are pushing huge trade volumes on Solana.
• Traders are watching Solana’s technical levels for signs of breakout potential.

Want to learn more about navigating the evolving world of crypto?

Explore our posts to power up your trading journey:

• How Jupiter DEX is fueling Solana’s growth
• Choosing the best wallet for Solana
• How to trade crypto in sideways markets
• Token sniping strategies you should know

Stay sharp. Watch the chain. The action doesn’t always happen on the price chart.