Decentralized applications on Solana produced around $35.9 million in weekly revenue, while network fees came in at $6.5 million.
A bullish market fractal pointed to a potential Solana price surge of 385% rally, projecting a move toward the $1,000 mark. The forecast by crypto analyst Solana Sensei, drew comparisons between the current market setup in 2025 and the structure seen during the 2020 cycle.
Moreover, data from Binance showed that Solana’s put-to-call volume ratio had remained below 90% throughout the past week, reflecting weak demand for neutral or bearish positions. This behavior suggests growing confidence among traders anticipating further upside in SOL’s price
A bull fractal revealed a Solana price prediction of 385% to $1000, according to a technical setup highlighted by crypto expert Solana Sensei.
The comparison draws a parallel between the crypto market structure of 2020 and the ongoing setup in 2025.
Both charts display a similar rhythm of accumulation, capitulation, and aggressive recovery, suggesting that history might be setting the stage for another major rally.
In 2020, the crypto total market cap excluding Bitcoin and Ethereum experienced a sharp -67% drawdown during the Covid Crash.
However, that capitulation phase quickly evolved into a powerful expansion period, lifting the market from under $100 billion to over $380 billion within months.
The move reflected deep structural strength and liquidity returning to the broader altcoin sector once macro fears subsided.
Fast-forward to 2025, and a familiar pattern is unfolding.
The “Tariff Crash” caused a -35% correction, echoing the early pain of 2020 but with a milder decline.
Following that dip, the market rebounded decisively, reclaiming previous resistance near $1 trillion, the same region that once acted as a rejection zone before the crash.
As seen in 2020, the breakout above this level triggered an acceleration phase, characterized by consistent higher highs and expanding volume.
The resemblance between these two market cycles is not coincidental. Both periods were preceded by significant macroeconomic shocks, followed by relief rallies fueled by renewed investor confidence and improving liquidity conditions.
The fractal alignment suggests that if the 2020 pattern continues to play out, the next leg higher could push the total market cap of altcoins toward the $2.5 to $2.7 trillion zone, a move that would mirror the explosive post-Covid recovery.
The setup implies that the current correction was merely a reset within a larger bullish structure.
If momentum sustains and key resistance levels continue to flip into support, Solana’s projected climb to $1000 may only be a reflection of a much broader altcoin resurgence.
According to onchain data, the SOL put-to-call volume ratio on Binance exchange stayed below 90% over the past week, indicating limited interest in neutral or bearish bets.
Historic data suggests when traders anticipated a correction in the past, this ratio typically climbed above 180%. The last time it reached that level was on September 20, after Solana had surged 26.7% in just eleven days.
Meanwhile, decentralized applications on Solana produced around $35.9 million in weekly revenue, while network fees came in at $6.5 million, a decline of roughly 35% from the previous month. This slowdown pointed to weaker demand for SOL, which serves as the payment token for activity on the blockchain.
In addition, the drop in network usage lowers staking rewards for holders, adding extra pressure to the token’s value.
Meanwhile, a company developing Solana infrastructure in the United Arab Emirates said it had taken advantage of the recent market dip.
The firm, Solmate, reportedly purchased $50 million worth of SOL tokens from the Solana Foundation at a 15% discount to market value. Executives explained that the acquisition would support the expansion of their Solana-based infrastructure projects across the UAE.
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