According to @cyberdrk on Twitter, WalletConnect has been responsible for driving significant trading volume on the Solana network, and the recent addition of WCT (WalletConnect Token) to Solana is expected to further boost on-chain activity and liquidity (source: @cyberdrk, May 24, 2025). For active traders, this integration signals increased interoperability between Solana and other blockchains, potentially resulting in tighter spreads, more arbitrage opportunities, and higher transaction throughput within the Solana DeFi ecosystem. The move emphasizes the growing importance of multi-chain infrastructure in shaping trading strategies and crypto market flows.

According to @AltcoinGordon, Solana is currently dominating mindshare within the cryptocurrency market, reflecting increased trader interest and higher trading volumes. This surge in attention is supported by recent on-chain activity and growing developer engagement, which are key indicators for short-term price momentum. Traders are closely watching the $1000 price level as a significant psychological and technical target, with current market sentiment suggesting strong buying interest and potential for further upward movement if bullish momentum persists (Source: @AltcoinGordon via Twitter, May 18, 2025).

According to Bold (@boldleonidas) on Twitter, Frank has confirmed that there will be no DeGods featured in the upcoming comic release. This announcement is significant for traders as it could influence demand for DeGods NFTs and related Solana assets, given that utility and brand exposure often drive price movements in the NFT market. Historically, NFT projects see price shifts based on media representation and exclusivity, so traders should monitor DeGods floor prices and Solana trading volumes closely in response to this news (source: Bold Twitter, May 12, 2025).

According to sns.sol on Twitter, Solana Name Service has introduced a system where users collect dots to earn badges. This new feature may increase user engagement and on-chain activity for SNS-related tokens, potentially impacting Solana ecosystem token trading volumes and NFT market activity. Verified by sns.sol's official Twitter post on May 10, 2025, traders should monitor SNS and related Solana assets for potential volume spikes and short-term price action as user participation in gamified features rises.

According to Lookonchain, Pumpfun (@pumpdotfun) has deposited 105,233 SOL ($15.86 million) to Kraken, bringing their total Kraken deposits to 3,202,498 SOL ($591 million) at an average price of $185. Additionally, Pumpfun sold 264,373 SOL for $41.64 million USDC at $158 per SOL. These significant transfers and sales could indicate continued selling pressure for SOL on Kraken, potentially impacting near-term price movements and liquidity. Traders should closely monitor SOL inflows to exchanges as they may signal further volatility. Source: Lookonchain via Twitter.

According to Solana Daily and Cointelegraph, Solana (SOL) has experienced increased network activity and notable price volatility in the last 48 hours. On-chain data from Solscan reveals that daily active addresses surged by 12%, driven by renewed interest in Solana DeFi projects and NFT launches. Major DEX Jupiter announced a milestone of $4 billion in weekly trading volume, contributing to the uptick in ecosystem engagement (source: @JupiterExchange). Meanwhile, Binance confirmed the listing of a new Solana-based token, further expanding trading options for SOL holders (source: @binance). Traders are closely monitoring the $140 support zone, as a drop below this level could trigger further downside, while sustained volume above $150 may indicate a bullish reversal (source: @coingecko, @tradingview).