Solana’s Q1 was all gas – Can SOL’s price catch up in Q2?

• Solana ended Q1 by 34.7% of the opening of $ 19, undergoing the levels of structural support.
• The foundations themselves were not enough to compensate for profitable use.

Solan [SOL] He kicked 2025, as if it had something to do – and that was.

Q1 was defined by a tireless activity in the chain, leading to a lasting price for SOL. Transaction throughput has increased, the actual number of addresses has climbed and the network has reached fresh maximum.

But what about the price event? Was this operating speed into a meaningful market traction? Not completely.

Despite SOL, Q1 closed 34.7% compared to its opening of $ 190, which reflected a wider weakness on the market, because many peers chopped to the side.

Now that we go deeper to Q2, investors must ask: can Solana deliver on both fronts – robust foundations and revival in quarterly revenues?

Snapshot Q1: Recording activity in the middle of price pressure

Messari’s deep dive breaks down Solan’s Q1 Blowout in key metrics.

Chain GDP jumped 20% QOQ to $ 1.2 billion, while Stablecoin’s stock racked 145% to $ 12.5 billion – USDC itself by 148% to $ 9.7 billion.

In fact, the DEX daily volume reached a diameter of $ 4.6 billion, which emerged a stunning $ 36 billion in January – more than 10% of NASDAQ daily trading.

Big players like Blackrock and Apolloglobal have launched the real world (RWA). In addition, prediction markets, such as polymarket, have added Solan support, showing that the network attracts serious cases of capital and use.

This Hypergrowth after 90 days confirms that Devs Solana is methodically stacking bricks for other large defi and web3 wave, strengthening Ambrpt’s work The fact that Spot Solana ETF could be closer than the market.

But let’s keep it real: the foundations are just half the battle.

If SOL cannot turn this power on-the-column to the price of alpha and reward the patient holder during the grind FUD, the TAG-BACK is on the floor Q1 $ 95. And timely warning brands flash.

LTH SELL-OFF SPARKS doubts the beliefs of Solana Q2

Solana started Q2 for $ 124.56 and since then it has torn to $ 167.72 – a clean 34.4% foot up.

Soon buyers are immersed comfortably in green, with a load base anchored near the floor Q1 $ 95, now sitting 75% above the place.

Unmo -made profits accumulate, but with late longs, they look renowned mature on the liquidity of the east.

May 14, coin days destroyed (CDD) to a monthly maximum of 1.7 billion because Sol printed $ 176.65.

For the context, the increase in the CDD suggests that older high -end holders are interpreted in power.

From this peak, Sol got rid of almost 6%and reflected the past cycles, where the main blowing of the CDD coincided with the market peaks.

In order for q2 to remain a bull, Solan It needs more than just use of use. Instead, it needs permanent convictions on the side of the offer and the influx of fresh capital convert his operating strength to current quarterly returns.

Otherwise, this rally risk that it will turn into the next round of distribution masked by high activity.