The cryptocurrency market rebounded in a big way this week. In fact, many tokens have bounced back, led by Bitcoin’s recent revival to the $102,000 level. Among the most impressive rebounds is Solana’s recent high has reached a three-week high as a trip to the $200 level.
Entering 2025, Solana had the best potential for cryptocurrency. We hadn’t reached the heights of Bitcoin or Ethereum yet, but there was hope to get there. Now, many believe that their recent growth and performance will re-exist potential in their assets.
Solana Network revenues explode as Sol appears to continue to surge
The US has firmly embraced the procrypt shift in 2025. This was monumental to the asset class. Among them is Solana, who is at the heart of the ETF debate. This is because they are trying to approve a highly coveted investment vehicle throughout the year.
If that happens, it closes what was a rather impressive return for the assets. In the first three months of the year, the overall crypto market fell. Still, that changed in a big way this week. Specifically, Solana has confirmed that the network’s revenues have risen for three weeks as Sol Eyes grows to the $200 level.
User activity on the network exploded, and there was real economic value for Solana’s daily network activity to reach a figure of $8.35 million last week. Additionally, it shows that it has risen by 52.65% since its launch in May. More importantly, it stands out compared to all other notable networks.
Tron is the second largest REV network, boasting $2.3 million. Additionally, Ethereum was third, bringing just $1.79 million according to BlockWorks. That seems to be the main reason why Solana has surprised 37% in the last 30 days. After raising it to a $172 level on Friday, all eyes are at the next $200 psychological level. If emotions remain strong, they should continue to rise along with the gathering market.