- Solana daily active users jumped from 1.7M to nearly 2.4M between Sept 27 and Oct 1, 2025.
- SOL price surged past $229, testing key resistance near $240 amid rising market interest.
- Solana’s market cap added $22B in a week, nearing its 2021–2022 peak levels.
Solana has seen its daily active users jump by more than 600,000 in just five days, sparking excitement across the network. This surge pushed SOL’s price up to $230.66, an impressive 18.5% increase over the past week.
User Activity Soars as Solana Gains Traction
Solana’s daily active users rose from 1.7 million on September 27 to nearly 2.4 million by October 1, marking a 35% spike in less than a week according to data shared by trader Marc Shawn Brown on X .
September 28 and 29,active wallets jumped from 1.75M to over 2.1M. This sudden uptick hints at a possible major dApp launch, protocol update, or trading frenzy — although no specific event has yet been confirmed.Solana’s reputation for fast, low-cost transactions is a key driver in onboarding new users.
SOL Price Climbs as Demand Zones Hold
SOL/USD has followed the spike in user activity with impressive price movement. The token climbed to nearly $240 before pulling back a bit to $229.41. Looking at the 1-hour chart, the pattern is clear — higher highs and higher lows point to solid bullish momentum building up.
Source: CW Via X
A major supply zone sits between $235–$240, where selling pressure has temporarily capped the rally. Below current levels, strong demand zones remain intact:
These levels have previously acted as buyer strongholds and could provide solid re-entry points if the price corrects further.
Volume activity supports the rally — buy-side momentum has been dominant during price climbs, while pullbacks have seen declining volume. This signals organic buying rather than speculative spikes.
Market Cap Nears ATH, Signals Renewed Confidence
Solana’s market capitalization has surged from $105B to nearly $127B between September 27 and October 3 — a 20% gain in just seven days. This matches the timing of the user spike and price rally, confirming broad investor interest.
Order book heatmaps reveal buyers eagerly chasing the price, with strong support building between $205 and $215 thanks to dense liquidity in that range. Meanwhile, resistance near $240 is weakening, which could give Solana the boost it needs to climb even higher.
