Solana Price Eyes Recovery as App Revenue Sparks Fresh Market Interest

Solana Rises 2.62% in One Hour to $123 as Short Liquidations Reach $7.7M

Solana gained 3.50% over 24 hours. The figures are based on TokenPost’s exchange price collection at 1:51 p.m. ET (17:51 UTC) Oct. 2.

Solana Price Eyes Recovery As App Revenue Sparks Fresh Market Interest

Solana enters October with strong application activity as monthly app revenue reaches $180 million, its highest level in nine months. Meanwhile, SOL has pulled back from $126, while strong ETF inflows and rising DeFi activity provide a broader backdrop as traders watch whether key support can hold.

Solana (SOL) Breakout Incoming: How High Can the Price Go?

SOL had quite a successful September, posting a price increase of almost 20% and currently trading at $120 (per CoinGecko). Analysts now eye further gains toward $150 and beyond. However, certain technical indicators suggest that a short-term pullback may also be on the horizon. What’s Next? Ali Martinez paid special attention to the strong institutional demand, noting that spot US SOL ETFs continue to absorb Solana. He said these products have …