{"id":13043,"date":"2025-10-10T08:34:23","date_gmt":"2025-10-10T08:34:23","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-holds-220-as-tvl-reaches-all-time-high\/"},"modified":"2025-10-10T08:34:27","modified_gmt":"2025-10-10T08:34:27","slug":"solana-price-holds-220-as-tvl-reaches-all-time-high","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-holds-220-as-tvl-reaches-all-time-high\/","title":{"rendered":"Solana price holds $220 as TVL reaches all-time high"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p>Despite a recent pullback, Solana price remains resilient above the $220 mark, while the ecosystem reaches a milestone.<\/p>\n<div id=\"cn-block-summary-block_0cf0e476ec7d1141e9c875b16ba21074\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Solana price is currently trading around $220, showing signs of consolidation after a brief decline.<\/li>\n<li>RSI at 51.66 suggests neutral market conditions, while MACD hints at a possible weakening bullish momentum.<\/li>\n<li>The asset may rally toward $230\u2013$240 if it holds above $220, with key support around $200.<\/li>\n<li>Solana\u2019s Total Value Locked (TVL) recently hit a new peak of $42.4 billion.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Solana price has been under pressure in recent days, reflecting the broader market sentiment. The token has consolidated around the $220 region, and while it briefly dipped below this level, it has managed to hold steady around the region.<\/p>\n<p>At the time of writing, Solana (SOL) trades at $218.02, marking a 3.8% decline from the previous day. Meanwhile, RSI stands at 51.66, suggesting a neutral market.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">SOL price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The RSI being above 50 indicates a lack of strong bearish momentum, offering hope that the price could stabilize and resume its rally if buying pressure increases. The MACD shows a mild increase in bullish momentum, although the histogram is shrinking, pointing to a possible weakening of the uptrend. A bearish crossover in the MACD and declining volume hint that a deeper pullback may be on the horizon.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Solana\u2019s price remains at a critical juncture. A sustained price above the $220 mark could push SOL toward $230 and $240, but if the price dips further, support at $200 might come into play.<\/p>\n<h2 class=\"wp-block-heading\">Solana price steadies as TVL hits new peak\u00a0<\/h2>\n<p>While Solana price faces some resistance, the ecosystem itself is showing impressive growth. According to <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/tokenterminal\/status\/1976370620553363630?t=dKagv6fHlCk63L3JBZAToA&amp;s=19\">data<\/a> from Token Terminal, the Total Value Locked (TVL) on the Solana blockchain has reached a new peak of $42.4 billion.\u00a0<\/p>\n<p>The increase is largely driven by Circle, which has been minting large amounts of USDC stablecoins on the network. On-chain data shows that 50% of all USDC transfers take place on Solana, highlighting strong preference for the network.<\/p>\n<p>Solana\u2019s rising TVL shows the growing adoption of applications built on the network, further solidifying its role as a key player in the blockchain space. Meanwhile, investors are keeping an eye on the upcoming decision by the US SEC regarding Solana ETF applications on Oct. 10.\u00a0<\/p>\n<p>Issuers awaiting the watchdog\u2019s verdict include Grayscale, VanEck, Fidelity, 21Shares, and Franklin Templeton. A positive ruling could push SOL\u2019s price higher and support further ecosystem growth.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Despite a recent pullback, Solana price remains resilient above the $220 mark, while the ecosystem reaches a milestone. Summary Solana price is currently trading around $220, showing signs of consolidation&hellip;<\/p>\n","protected":false},"author":1,"featured_media":180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13043"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13043\/revisions"}],"predecessor-version":[{"id":13044,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13043\/revisions\/13044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/180"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}