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Solana Network Usage to Explode in 5 Years, Can SOL Price See A Quick Breakout Rally Past $120?

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Solana Network Usage to Explode in 5 Years, Can SOL Price See A Quick Breakout Rally Past $120?

Solana price traded near $94 after gaining 6% in the latest session as investors rotated back into major altcoins. The rebound came alongside rising stablecoin activity, stronger institutional flows, and renewed interest in Solana’s settlement infrastructure.

Analysts said Solana Network adoption could expand further over the next five years as stablecoins and tokenized assets continue moving on-chain.

Stablecoins Could Drive Solana Network Expansion

Amira Valliani, who oversees fintech and payments at Solana Foundation, said stablecoins may become one of the network’s largest long-term growth drivers.

She noted that Solana processed nearly $2 trillion in stablecoin transfers during the quarter. Valliani also said tokenized real-world assets on the network increased roughly tenfold over the same period.

According to Valliani, broader blockchain adoption could accelerate over the next three to five years as financial settlement increasingly moves on-chain.

The comments reflect a growing industry view that Solana may benefit from payment-focused blockchain adoption due to its transaction speed and relatively low costs.

Analysts also pointed to expanding developer activity and tokenized asset infrastructure as additional catalysts supporting long-term network usage.

SOL Price Eyes $120 In Quick Rally

Solana is currently leading the altcoin market space with the SOL price up by 6% in last 24 hours. The daily trading volume for SOL has surged over $5 billion, showing bullish sentiment among traders.

Popular analyst Ted Pillows pointed out that SOL price has reclaimed the 100-day moving average for the first time since October 2025. Thus, he sees another 10-15% upside potential supported by strong Solana Network activity.

Another market expert, Altcoin Sherpa, said Solana could emerge as a leading altcoin if broader bullish market conditions continue to strengthen. The analyst noted that risk-on sentiment is gradually returning to the crypto market. But to confirm further upside momentum, SOL price still needs to break out of its current consolidation range.

According to Altcoin Sherpa, a successful breakout from the current trading range could potentially push SOL above the $120 level.

Solana ETF Inflows Gather Steam With SOL Price Upside

This week, spot Solana ETFs recorded net inflows at $33 million with the return of the bullish sentiment across the broader crypto market. The eight-spot Solana ETF products added nearly $6.7 million in inflows on Thursday alone. This shows signs of steady institutional accumulation and confidence in Solana Network growth.

Market data shows that the ETFs are now approaching ownership of nearly 2% of SOL’s circulating supply through their combined holdings.

Spot Solana ETF inflows | Source: Cryptos Rus
Spot Solana ETF inflows | Source: Cryptos Rus

Over the past month, spot Solana ETFs have reportedly attracted around $56.6 million in total inflows. Bitwise and Fidelity were highlighted among firms continuing to accumulate SOL exposure as institutions expand beyond Bitcoin into major altcoins.

Bhushan Akolkar
Written by
Cryptocurrency Journalist

Bhushan is a FinTech enthusiast and holds a good flair for understanding financial markets. His interest in economics and finance draws his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In his free time, he reads thriller fiction novels and sometimes explores his culinary skills.

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About this article

PublishedMay 9, 2026 10:21 pm
Last updatedMay 9, 2026 9:32 pm
Written byBhushan Akolkar, Cryptocurrency Journalist
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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