Solana bull flag, rising stablecoin market cap hint at SOL price rally to $220

From cointelegraph.com

Solana’s native token, SOL failed to maintain its bullish momentum after reaching $156 on April 25, but an assortment of data points suggests that the altcoin’s upside is not over. Solana’s stablecoin supply has skyrocketed by 156% in 2025, surging past $13 billion to hit a new all-time high. tweet Circle’s USDC remains the stablecoin of choice for Solana users, with a 77% market share. chart Stablecoins are integral to Solana’s decentralized finance (DeFi) ecosystem, driving liquidity and increasing SOL demand as it’s used for transaction fees and staking, potentially pushing its price upward. ... (full story)