SOL/USDT market fluctuations are like tides rising and falling, but Solana is riding the wave like a surfing expert—under the dual boost of macro liquidity and large capital, a beautiful turnaround is unfolding.

Over the years, I’ve seen many projects fall from their peaks and also witnessed quite a few come back to life. But Solana’s recent performance is indeed a bit different—this is not just a rebound, but a genuine improvement in fundamentals.

What is truly underestimated? Solana’s resilience during high inflation cycles. While traditional markets are still pondering how the Federal Reserve will act, Solana has silently added a protective shield for itself.

**On-chain data speaks**

Solana’s recent performance isn’t that mysterious. On December 12, it opened at $215 and surged directly to $220.8, a 1.65% increase in a single day, leaving other mainstream coins behind. What’s behind this? The activity in the DeFi ecosystem is soaring, and institutional investors are quietly entering.

On-chain transaction counts surged by 12% compared to the previous day—this number can’t be faked. Healthy liquidity and genuine usage demand are the real support for the coin’s price.

Even more impressive: SOL has surpassed its 2021 all-time high of $260.06, reaching $294.33 on January 19. The $300 mark? Just around the corner.

Net inflow of institutional funds, ecosystem activity, growth in on-chain transactions—all of these are real and reflected in the data.