Liquidity Flees Ethereum: Solana Becomes the King of Payments
The Solana (SOL) network has just delivered a major blow to the crypto ecosystem. According to recent data from Grayscale, the blockchain recorded a stablecoin transaction volume reaching $650 billion in February alone. This colossal figure represents more than double its previous record from October 2025, confirming massive adoption.
Currently trading around a median zone of $83 (up 1.5% over 24h), SOL proves that its network is no longer limited to speculation. Users now favor Solana for real payments, attracting massive liquidity that was previously fleeing Ethereum’s high fees (ETH). Meanwhile, Ether maintains around $1,970 (+1.2% over 24h), preserving its dominance over institutional assets.
Can Ethereum Spark a Rally Despite This Capital Flight?
While Solana captures attention in retail payments, Ethereum hasn’t said its last word. From a technical perspective, ETH’s price sits at a decisive tipping point. Between the POC to the north at $2,010 and a bullish trendline to liquidate to the south below $1,900, Ethereum should reveal its direction in the coming days.
If Bitcoin falls below $60,000, Ethereum could find its bottom between $1,500 and $1,100 depending on the severity of the market drop.
How High Can Solana (SOL) Price Go After This Record?
On the chart, Solana’s price action reflects a tense phase. SOL is currently compressed below its POC and a seller order block on the 9-hour timeframe between $84 and $86. If this liquidity zone isn’t broken quickly, a SOL return toward $60 is almost certain.
A bullish scenario would require a clean break above $92, which could trigger a massive surge toward $110. However, if selling pressure intensifies and breaks the support, a brutal correction toward $65 cannot be ruled out. While fundamentals have never been stronger, is this the right time to accumulate before the next bull run?
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