Solana Price Pushes Above $140 As Network Activity Pushes To 4-Month High

Key Insights:

• Solana (SOL) price closes in the green for three consecutive weeks.
• Solana’s weekly network activity demonstrates positive growth with transaction count surging to levels last seen in August 2025.
• Solana’s RWA ecosystem crosses $1 billion milestone.

Solana price just concluded its third consecutive bullish week, meaning it is officially in recovery after its bearish performance in Q4 2025. The cryptocurrency also went for another retest of its short-term resistance near the $146 price level, and a breakout from the same zone could reinforce recovery.

Solana (SOL) price exchanged hands at $143 at press time, after a slight retracement from its $148 weekly top. Nevertheless, the cryptocurrency now sits on 20% plus gains compared to its latest local low in December.

On the weekly timeframe, Solana price was up for the third consecutive week. This suggests that the cryptocurrency could be headed for more recovery, considering that it was still heavily discounted courtesy of its steady downtrend since September.

Zooming out on the price reveals that SOL price has been experiencing sizable swings over the last few months. Its current position suggests that an upswing could be in the works, in which case it will likely extend its bullish momentum for the next few weeks.

Robust Network Activity Backs the Latest Solana Price Action

Part of the demand contributing to the latest Solana price upside may be organic, driven by rising network activity. Active addresses on the Solana network have been up significantly since late December.

The data also revealed that there was a noteworthy spike in unique active addresses. For context, active addresses were highest on Tuesday this past week.

New addresses approached 1.6 million addresses, while existing ones amounted to 1.36 million addresses.

On the weekly time frame, the Solana network recorded over $457 million in transactions this week. This was the highest weekly transaction volume that the network has achieved since mid-August 2025.

Solana also achieved significant upside in other key metrics. For example, its stablecoin market cap surged from $13.1 billion on 11 January to $15 billion at the time of observation.

Its TVL also adopted an upward trajectory, pushing from as low as $8.36 billion in late December last year to $9.16 billion at the time of observation.

Solana Celebrates a Major RWA Milestone

Aside from the rising network activity, the Solana network also celebrated a major RWA milestone this week. In 2025, the Solana network reinforced its bid to become one of the top blockchains supporting the RWAs narrative.

This was after meme coin activity cooled down substantially during the year, and yet it was previously one of Solana’s top growth drivers.

According to recent reports, the total value of real-world assets on the Solana blockchain surged past $1 billion earlier in the week.

The data also revealed that the RWAs on Solana have been growing at an exponential rate.

Meanwhile, Solana ETFs recorded roughly $47 million worth of positive net flows during the week. On the daily timeframe, Solana ETFs broke their stream of daily inflows.

The Solana ETFs made history on Friday after recording their first-ever sale since launch. They had $2.2 million worth of outflows on Friday despite the positive weekly net flows.

It remains to be seen whether this outcome could be a sign of things to come, given that ETFs currently constitute too little demand to have an impact on price.