Solana Price Prediction: SOL Crypto Hits Multi-Month Highs as Stablecoin Market Cap Sets New Record

Nøgleindsigter:

• Solana price prediction: SOL price rose above $120 for the first time since January 29.
• Solana’s stablecoin market capitalization reached a new all-time high.
• Alpenglow entered the public testnet with developers targeting 150-millisecond finality.

Solana price prediction came into focus after SOL crossed $120 for the first time since January 29. SOL traded at $120.92, up 6.57% over 24 hours.

Notably, SOL rebounded from $115.86 and then moved above $118.38. It then crossed $120 on a sharp upward candle. Selling appeared near the $122.33 daily high. For Solana price prediction data, $120 now serves as the nearest support area. A move above that level keeps $122.33 in focus. A decline below $120 exposes $119.80 and $118.38.

Meanwhile, DefiLlama recorded a new stablecoin capitalization record on the network. The figure reached $17.394 billion on September 25. Reported spot volume, daily user figures, and Alpenglow testnet activity also supplied additional Sol crypto data.

Solana Price Prediction Includes a Stablecoin Record

DefiLlama placed Solana’s stablecoin market capitalization at $17.394 billion on September 25. The figure set a new all-time high for the network. During 2026, the total mostly ranged between $14 billion and $16 billion. It later rose above previous peaks.

Earlier chart data placed the stablecoin supply near $2.7 billion in April 2024. The same data showed about $6 billion in early 2025. The current amount is more than six times the April 2024 figure.

That record measures the dollar value of stablecoins circulating on Solana. However, it does not show that every unit actively trades. It also does not independently explain SOL price movements. This distinction keeps the stablecoin record separate from the listed Solana price prediction levels.

Meanwhile, Lily Hansen-Gillis of Tetra Digital Group said the company selected Solana for Canada’s first regulated stablecoin. She cited CADD settlement and institutional financial management use cases.

Spot Volume and Solana Price Prediction Levels

Separately, a chart recorded $2.69 billion in Solana-based spot trading volume on September 24. That total exceeded Coinbase’s $2.37 billion by roughly $319 million. The difference equaled 13.5%. Solana also exceeded Bybit’s $1.92 billion and Kraken’s $1.72 billion daily volumes.

Binance led the group with $11.89 billion, more than four times Solana’s recorded volume.

The chart showed Sol crypto activity accelerating in late August and staying elevated through September. Daily volume repeatedly approached or exceeded selected centralized exchange totals. The comparison used aggregated Solana on-chain spot activity.

It did not represent total global spot trading across every venue. Against that activity backdrop, the 30-minute chart tracked SOL’s latest price movement.

User Count and Alpenglow Testnet

Additionally, reported network figures put SOL above 8 million daily active users, further boosting optimism around the Solana price prediction. The count exceeded the combined total for all other chains.

It also stood 20 times above Robinhood Chain’s reported count. The same figures placed Solana nearly 17 times above Ethereum and 54 times above Sui. These comparisons formed another part of the reported Sol crypto activity data.

Separately, on Tuesday, Solana moved the Alpenglow upgrade to its public testnet. Developers aim to reduce payment finality from 12.8 seconds to 150 milliseconds. The 150-millisecond figure is a target, not a measured result. Before public testing, Alpenglow operated for more than four months on a dedicated development network. That earlier network focused specifically on the upgrade.

Finality marks the point when a payment becomes irreversible. Exchanges, bridges, and merchants wait for finality before crediting deposits, releasing funds, or accepting payments. The current 12.8-second wait supports retail flows but shapes application behavior.

Under the stated target, systems could treat payments as irreversible almost immediately. The report listed order books, matching engines, bridges, and automated strategies among systems that could use faster confirmation.

Indlægget Solana Price Prediction: SOL Crypto Hits Multi-Month Highs as Stablecoin Market Cap Sets New Record blev først offentliggjort på The Coin Republic.