Solana Tops $1.2M in Daily Fees as Capital Inflows Surpass Ethereum

Moreover, Santiment data shows a surge in daily active addresses, which crossed 14.63 million, setting a new high for the year. The rising user engagement points to broader utility and adoption across Solanas growing ecosystem. This performance stands out especially as other networks struggle to maintain user traction under current market conditions.

Inflows Signal Strong Market Confidence in SOL

Meanwhile, Glassnode data reveals that Solana attracted $8.3 billion in capital inflows over the last seven days. Ethereum followed with $6.2 billion, reflecting robust yet comparatively weaker investor engagement. Though the SOL/ETH ratio fell to 0.0586—its lowest point in 2025—SOL has shown clear momentum driven by new capital entry.

SOL/ETH | Source : glassnode

Despite the short-term dip in the ratio, long-term indicators favour Solana due to continued ecosystem expansion and investor interest. Strong fee generation, network revenue, and capital inflows are reinforcing the bullish narrative. These inflows not only reflect confidence but also provide liquidity for further development and user incentives.

Price Outlook Turns Bullish Amid Technical Setup

Solana is approaching a key technical setup that could trigger its next major price move. Analyst Carl suggests that SOL is forming a symmetrical triangle pattern with resistance near $162. He identifies a potential breakout target at $167 if momentum continues. At the time of writing, SOL trades around $151, positioning it for potential upside if volume sustains.

Solana price Analysis | Source : X

The price action remains closely tied to network performance, as high fees and active usage often correlate with upward price trends.