Solana (SOL) is currently trading at $229.84, up 1.54% in the past 24 hours; however, network data indicates a slowdown that could temper near-term bullish enthusiasm. According to Blockworks Research, Solana’s Network Real Economic Value (REV) — which tracks transaction fees and out-of-protocol tips — has cooled considerably since its December 2024 peaks. Back then, weekly REV briefly surpassed $200 million, driven by surging decentralized exchange volumes and trading in memecoin. Solana: Network REV (Real Economic Value) – Source: Blockworks Since mid-2025, however, Solana’s network activity has stabilized at a level closer to the $40–$60 million range. This normalization signals reduced user demand or transactional throughput, a factor that often limits the sustainability of price rallies when paired with technical resistance. Solana (SOL/USD) Technical Outlook: Channel Support in Focus On the charts, the Solana price prediction appears bullish, as SOL is maintaining a rising channel structure, oscillating between support at $218 and resistance at $253. The 50-day moving average ($218) and 100-day moving average ($217) are serving as dynamic support, reinforcing bullish structure despite the slowdown in on-chain metrics. Solana Price Chart – Source: Tradingview Candlestick behavior reflects this balance — after facing rejection at $237, SOL is consolidating while printing higher lows, a pattern consistent with a market gathering strength before its next move. The RSI near 54 suggests a neutral setup, leaving room for either continuation or correction depending on whether buyers hold the channel base. Should SOL close above $237, the following targets lie at $244.85 and $253.44, in line with Fibonacci extension levels. Conversely, failure to defend $218 could expose SOL to a pullback toward $214 or $204, both of which have previously been tested as accumulation zones. Solana Long-Term Outlook: Fundamentals Still Intact While short-term activity has softened, Solana’s broader ecosystem remains fundamentally strong. The blockchain continues to attract developer activity, with growing institutional interest in SOL-based tokenized assets and DeFi integrations. However, analysts warn that without a rebound in transaction-driven revenues, momentum may lag compared to its late-2024 highs. In the near term, Solana’s path depends on whether it can sustain both its technical structure and network usage. If demand accelerates alongside a confirmed breakout above $237, SOL could resume its upward trajectory toward $253, reaffirming its position as one of the leading altcoins heading into Q4 2025. Presale Maxi Doge ($MAXI) Blends Meme Power With Gym-Bro Energy Maxi Doge ($MAXI) is a meme-fueled token designed for degens who thrive on 1000x leverage and relentless hustle. More than just a meme coin, $MAXI represents a community-driven culture that fuses trading intensity with gym-bro energy, caffeine, and competitive camaraderie. By holding $MAXI, investors unlock staking rewards, trading contests, and access to gamified partner events. The smart contract has been audited by SolidProof and Coinsult, giving added confidence in the project’s foundations. Momentum is strong. The presale has already raised over $2.7 million, with tokens priced at just $0.0002605. This figure will rise as the presale progresses, making early entry more attractive. $MAXI holders gain access to: Staking rewards with dynamic APYs Trading contests with leaderboard prizes Community-driven partner events and future integrations You can buy $MAXI on the official Maxi Doge website using ETH, BNB, USDT, USDC, or a bank card. Visit the Official Maxi Doge Website Here The post Solana Price Prediction: Why Slowing Network Growth Could Limit SOL’s Bullish Potential in the Short Term appeared first on Cryptonews .
