Solana nears $200 with traders cautious over network stability, liquidity inflows, and lack of new updates.
What to Know:
- Solana targets $200, traders remain cautious due to scalability risks.
- Liquidity driven rally lacks major leadership updates.
- Network congestion and DeFi liquidation risks influence cautious sentiment.
Solana’s native token, SOL, approaches the $200 mark in May 2025, with traders cautious about network stability and liquidity risks.
Caution persists among traders despite Solana’s price rally due to unresolved scalability issues and limited leadership updates.
Solana Faces Scalability Concerns amid Price Surge
Anatoly Yakovenko, Solana’s Co-Founder, has not addressed current market concerns, keeping traders focused on existing risks and past network congestion challenges. Experts forecast potential scenarios where Solana might face similar issues as before.
Liquidity-Driven Rally Raises Stability Worries
Past Outages Influence Cautious Trading Approach
Cosmo Jiang, General Partner, Pantera Capital, said, “If a Solana ETF is approved, it could drive SOL prices towards $1,000 in 2025.” source
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