Solana shatters 400B transactions – Will this help SOL reach $150?

• Solana crosses 400B transactions as actual community utilization and TPS stay industry-leading.
• Scorching capital inflows surge $4.72B in every week, SOL value eyes $150 amid combined technicals.

Solana [SOL] simply blew previous 400 billion transactions — and it didn’t cease there.

In every week that noticed scorching capital surge by $4.72 billion, its sharpest influx since January, the high-speed blockchain reignited investor urge for food and despatched $SOL crusing above $150 for the primary time since March.

The rally has cooled barely, however Solana’s bullish momentum is again on-chain and on hearth.

Solana is on an influence run!

Solana has formally crossed 400 billion lifetime transactions, having clocked in at over 400,189,228,000 – a staggering determine that places its high-throughput narrative on full show.

The community is at the moment buzzing alongside at 4,262 transactions per second (TPS), with a True TPS of 1,045 — nonetheless leagues forward of most Layer-1s.

Supply: X

The excellence issues: True TPS filters out vote transactions and displays precise consumer and dApp exercise. This isn’t simply noise on-chain; it’s actual utilization, and it backs up the latest capital influx and market rally.

Scorching capital sees greatest spike since January

On the twenty eighth of April, scorching capital — the worth held by cash moved inside the final 24 hours to 1 week — surged to $9.46 billion, its highest stage since mid-March.

Supply: Glassnode

That’s a $4.72 billion bounce in simply seven days, marking essentially the most aggressive weekly influx because the twenty third of January.

The chart confirmed a transparent thickening in youthful coin bands, suggesting energetic rotation and renewed speculative urge for food.

Solana’s value outlook

Solana maintained its footing close to $147 at press time, up 0.70% prior to now 24 hours. Nevertheless, momentum indicators flashed combined indicators.

The RSI hovered at 59.5, simply shy of the overbought zone, suggesting weakening bullish stress. In the meantime, the OBV dipped barely from its April highs, hinting at lowered accumulation regardless of latest features.

Supply: TradingView

If shopping for quantity doesn’t decide up, SOL could wrestle to interrupt previous the $150 resistance.

Conversely, holding above $145 might hold bulls in management — not less than within the brief time period — as scorching capital flows proceed to help value stability.