🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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1️⃣ Post a photo or video with Gate elements
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Solana Surpasses $200: Social Media Interest Rises, Technical Development Also Flourishes
Solana has officially surpassed the $200 mark – the highest price since the beginning of 2025, leading to a wave of lively discussions on social media platforms like X (Twitter), Reddit, and Telegram. Not only has the price increased, but the indicators of social interest and development activity are also showing a promising phase – but at the same time, it warns of FOMO (Fear of Missing Out). The Social Media Dominance of Solana is Increasing Strongly According to new data shared by the on-chain analytics platform Santiment, the "Social Dominance" (Social Dominance) index of Solana has surged, reaching its highest level since June 6. Social Dominance measures the rate of mentions of Solana in the total number of posts related to the top 100 cryptocurrencies on social media. This index is built based on "Social Volume" – which refers to the number of unique posts mentioning SOL. Currently, Solana accounts for 8.9% of the total discussions on social media related to cryptocurrencies – an extremely high level indicating a rising interest. Double-edged Signal: Opportunity or Trap? Although community interest is often a positive factor, in many cases, excessive attention can also be a sign of overbought conditions or the formation of FOMO, which often leads to short-term price corrections. In the history of the crypto market, times when Social Dominance suddenly increases often coincide with temporary price peaks – therefore, investors should be cautious and avoid blindly following the crowd. Development Activity on GitHub is also on the rise again. In addition to the price increase and interest from the community, the technical development activity of Solana is also rising sharply. The "Development Activity" index – which measures the number of actions (commit, fork, push code...) by developers on GitHub – has increased to over 63 events per day, the highest level since May 22. This is a sign that the development team is re-accelerating, keeping pace with the upward trend of the price. The synchronization between market price and technical activities is often a positive foundational factor, reinforcing long-term confidence in the project. Conclusion: What Stage is Solana At? Solana is entering a very vibrant phase with: ✅ Price exceeds $200 ✅ Social attention skyrockets ✅ Enhanced technical development However, investors need to stay alert to the FOMO effect and should monitor strong support zones like $190–$195 to assess the strength of the trend. If the Social Dominance index continues to rise without a healthy correction, the risk of a technical adjustment may occur in the short term.