Solana Price Prediction: Decentralized Exchange Trading Volume Surges, Network Meme Coins Make a Comeback

2026-01-08 00:45:58

Last week, driven by a new wave of “meme coin” speculation, activity on Solana’s decentralized exchanges surged by 39%, with trading volume reaching $30 billion. BONK increased by 50% in seven days, and platforms like Pump.fun saw daily trading volumes surpass $2 billion, fueling demand for SOL. The price of SOL rose by 8%, approaching $140. On Solana, every transaction requires paying fees in SOL, directly linking network usage to token value. Despite the price increase, weekly transaction volume remains at only 487 million, well below the previous peak of 816 million, indicating that the current rally may be more speculative than sustainable growth. Traders are eyeing the $160 target, which aligns with the 200-day moving average, but a lasting breakout will require more robust and stable on-chain trading activity.

SOL0,89%

BONK-0,6%

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