Solana’s Market Capitalization Surpasses $100 Billion for the First Time in the Second Half of 2025
The market capitalization of Solana has recaptured the $100 billion mark after a significant decline in January. According to data from Crypto.news, the market capitalization of SOL rose by 6.7% to $102.6 billion after a price increase of 6.18% in the last 24 hours. This surge in market capitalization follows a daily price high of $191.52 for SOL.
Historically, this is the first time in the second half of 2025 that the market capitalization of the token has exceeded $100 billion. The last time SOL’s market capitalization reached $117 billion was in January 2025, when it peaked at $293.31 on January 19. Similarly, in November 2024, the market capitalization of SOL reached the $100 billion mark before the crypto market experienced a slump due to Trump’s ceiling tariffs.
Crypto.news market data shows that Solana is currently ranked sixth in terms of market capitalization among the top cryptocurrencies. SOL is only $9 billion behind Binance Coin (BNB), which has a market capitalization of $111 billion. Solana has maintained its rank over USD Coin (USDC) with a significant margin of almost $40 billion.
Price diagram for Solana in the last hours of trade, July 21, 2025 | Source: crypto.news
Solana’s Comeback to the $100 Billion Market Capitalization
Solana’s increase in market capitalization is driven by the pricing of its token. Over the past few weeks, SOL has increased by 25.7% in the two-week period and 25.7% last month. In the last 24 hours, SOL has risen by 6.7% to $191.29. The last time SOL reached over $190 was in early February this year.
One of the primary drivers of Solana’s high market capitalization is the newly introduced Rex-Foundrey Sol + an ETF, which has $100 million in assets and offers rare rewards, heating up institutional interest. As reported by Crypto.News, the Rex-Oroprey Sol + Speak-ETF has seen significant inflows every week, holding up to $99.7 million in assets.
Another important driver is the institutional demand for SOL, with companies such as Sol Strategy, Defi Development Corp, and others accumulating SOL as part of their staking and treasury strategies. This increased demand has contributed to the token’s price surge and subsequent market capitalization growth.
Conclusion
In conclusion, Solana’s market capitalization has surpassed $100 billion for the first time in the second half of 2025, driven by the token’s price increase and institutional demand. As the crypto market continues to evolve, it will be interesting to see how Solana’s market capitalization and token price perform in the coming months. For more information, visit https://crypto.news/solanas-market-cap-surpasses-100b-for-the-first-time-in-the-second-half-of-2025/
