#夏日创作营

Solana (SOL) Fundamental Analysis and Future Expectations
As the cryptocurrency market continues to search for direction under macroeconomic influences, Solana (SOL), one of the leading altcoins, remains on our radar with both its on-chain data and institutional steps. In this article, we examine SOL's current situation from a fundamental analysis perspective.
On-Chain Outlook and Liquidity Strength
The Solana network has recently been in the focus of global financial giants and issuers.
* USDC Dominance: The amount of USDC minted by Circle on the Solana network alone has exceeded $70 billion. This clearly demonstrates the depth of institutional liquidity on the network.
* Tokenization and RWA Leadership: Solana has managed to surpass Ethereum in the area of ​​traditional asset transfer (RWA) and tokenized equity trading, achieving a massive market share of 97%.
* User Activity: The number of monthly active users on the network has surpassed the 100 million mark, setting a new record.
Critical Technological Threshold: Firedancer and Alpenglow Updates
The biggest catalyst expected to completely eliminate question marks like Solana's past network outages is the Firedancer and Alpenglow upgrades.
* Thanks to these infrastructure updates, the goal is to bring the network's theoretical speed close to 1 million TPS (transactions per second) and reduce block confirmation time to 150 milliseconds.
* This speed increase could attract high-frequency institutional trading and global payment systems entirely to Solana.
Price Outlook and Future Expectations
Although network activity and liquidity have peaked, overall macroeconomic market pressure continues to weigh on the SOL price.
* Current Situation: SOL is currently defending the critical support zone between $74 and $78. Despite bearish pressure, buying from this area is keeping the price stable.
* Critical Resistance: A high-volume breakout above the $120 resistance level is needed to confirm the uptrend and dispel the atmosphere of fear/uncertainty.
* Long-Term Potential: Analysts predict that with clarification of regulatory steps and possible SOL ETF approvals, Solana could reach 25-30% of Ethereum's market capitalization in the medium to long term.
💬 What do you think? With record liquidity and user numbers, could Solana initiate a strong rally from this support level, or will the pressure continue for a while longer? Let's discuss in the comments! 👇
$SOL ‌$BTC ‌$GT ‌