Solana price is eyeing a breakout above $150 as on-chain data indicates continued dominance for the blockchain in terms of weekly revenue.
Per latest details, Solana once again took top spot in network revenue leaderboard as it struck the milestone for the 14th consecutive week.
This is despite a significant drop in total network revenue across all chains and as cryptocurrencies experienced notable price swings that pushed bulls to lows of $127.
Solana outpaces other chains in weekly revenue
Recent data from Blockworks reveals that Solana generated an impressive $12.314 million in network revenue over the period of June 23 to June 29, 2025.
With over $12 million in weekly revenue, Solana dwarfed its competitors.
This includes Tron that netted just over $10.5 million and Ethereum with $9.6 million. Bitcoin network’s weekly revenue was about $3.6 million.
The graph, shared by SolanaFloor, shows a sharp spike in Solana’s transaction fees and out-of-protocol tips. It contrasts with the relatively flat or declining revenues of other major chains.
🚨BREAKING: @Solana continues to outperform all other chains in network revenue for the 14th straight week, despite total network revenue across all chains dropping to September 2024 lows.
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This performance comes at a time when the total network revenue across all chains has plummeted to $39.876 million, underscoring Solana’s ability to thrive amid adversity.
Network growth continues
Solana’s robust performance is underpinned by significant ecosystem growth.
The official Solana account on X recently highlighted a series of developments, including a $90 billion payments giant, Fiserv, choosing Solana for its stablecoin infrastructure.
Other milestones include the tokenization of SpaceX equities by Republic Crypto and the launch of various DeFi and real-world asset projects.
Upexi, a Nasdaq-listed consumer-products brand, recently announced its plans to expand into Solana-focused treasury management via the tokenization of its SEC-registered shares.
These advancements, coupled with the support of over 1,500 validators, demonstrate Solana’s expanding utility and appeal to institutional and retail users alike.
The network’s low transaction costs and high throughput continue to attract developers, further solidifying its position.
Solana price outlook
The bullish momentum in Solana’s network revenue is mirrored in its price performance.
Currently trading above $150 following a 12% spike this past week.
While weakness in recent weeks suggests SOL could pare gains, resilience will see buyers potentially break out. Crypto analyst Crypto Rand shared this bullish Solana price outlook on X.
Solid $SOL breakout over the monthly downtrend resistance. If now manages to take the $161 range, it will fully trigger the bull reversal 💯
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As noted above, this optimism is fueled by Solana’s growing ecosystem and its competitive edge in scalability and cost-efficiency.
The hype around Solana spot exchange-traded funds (ETFs) and recent launches of micro futures on Robinhood buoy bulls.
Notably, SOL reached its all-time high of $294 in January 2025, and experts suggest that a breakout to $200 could ignite parabolic rally towards the ATH.
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