Reports have disclosed a sharp rise in new projects choosing Solana. Alliance DAO data show that more than 40% of founders in the first half of 2025 picked Solana, up from 25% a year earlier.
That change is being linked to Solana’s ability to run large numbers of transactions quickly and at low cost, which makes it attractive to teams building performance-focused DeFi apps.
Developers say they want speed and predictable fees. Solana offers both. The move by creators is not trivial; it reshapes where new liquidity and smart-contract work gets built.
That streak is unusual. It shows trading activity and automated market makers on Solana are busy. Onlookers point out that higher DEX throughput can draw more users, and more users can bring more developers. A feedback loop can form.
Based on reports, SOL is trading above the $205 zone after a recent breakout. The 20-day SMA sits near $191 and is being watched as short-term support.
Market indicators are cited as positive. The MACD is showing green movement bars, which some traders interpret as upward momentum.
Analysts have set nearby resistance points at $215, $228, and $240. Kamran Asghar is among those forecasting a longer-term target of $300 if current trends persist.
At the same time, Ethereum has been volatile: it fell below $4,800 and briefly swung from about $4,940 down to under $4,720 within hours, a move that underscored how choppy markets remain. This was echoed by crypto analyst Ali on X, suggesting his bearish opinion as the market changed in sentiment.
Solana’s gains are happening while Ethereum handles continued institutional demand and holds leadership in other measures.
That contrast suggests the market is fragmenting in where different types of activity concentrate — DEX volume on one chain, institutional flows on another.
The shift of new projects toward Solana is being framed as a practical response to throughput limits rather than as a wholesale rejection of Ethereum.
Featured image from Equiti, chart from TradingView
