Solana Ecosystem Growth Accelerates as SOL Price Eyes Potential Recovery
Photo: TronWeekly
Solana recorded significant ecosystem growth in Q3 2026, with application revenue, decentralized exchange activity, and stablecoin adoption reaching new milestones. The network generated nearly $300 million in application revenue, up 50% from Q2, while spot DEX volume climbed to $197 billion. However, SOL’s technical outlook presents a different picture. Following rejection near $125, the SOL price could face a deeper correction, with crypto analyst Crypto Patel identifying $73–$78 as a potential demand zone. Solana highlighted substantial ecosystem expansion during its Q3 update, describing growth across its network as parabolic. Application revenue approached $300 million, representing a 50% increase from Q2.
Source: TronWeekly
