Key Insights:
- Solana’s DApp revenue reached $4.81 million, outperforming its competitors in the past 24 hours.
- Solana leads the market with $3.86 billion in DEX trading volume, surpassing BSC and Ethereum.
- ETF inflows into Solana continue to grow, reaching $369 million in the past 12 days, reflecting investor confidence.
Solana’s price continues to show strength despite a broader market downturn. As of November 13, 2025, the cryptocurrency traded at $153, demonstrating a slight 2% dip within the last 24 hours. This drop comes amid a larger market slide, where Bitcoin, Ethereum, and other major cryptocurrencies faced declines due to concerns over a possible U.S. government shutdown. Despite this, Solana remains one of the few cryptocurrencies exhibiting an optimistic outlook.
Solana has firmly established itself as a leader in both decentralized application (DApp) revenue and decentralized exchange (DEX) trading volume. In the past 24 hours, Solana generated $4.81 million in DApp revenue, outperforming Hyperliquid L1, which recorded $3 million, and Ethereum, which earned $1.86 million. Solana’s dominance is equally evident in the DEX space, where it maintained the top spot with $3.86 billion in trading volume. This impressive performance underscores Solana’s expanding presence in the decentralized ecosystem, outpacing both Binance Smart Chain (BSC) and Ethereum.
ETF Inflows Reflect Growing Investor Confidence
In addition to strong performance metrics, Solana has seen continuous ETF inflows, totaling $369 million over the past 12 days. This surge in investment reflects growing confidence in Solana’s long-term potential. As investors remain cautious in the face of market uncertainty, Solana’s consistent inflows suggest an optimistic future as the blockchain continues to attract substantial capital.
While Solana’s price faces resistance at $160, technical indicators suggest that the cryptocurrency may be positioned for further growth. The Moving Average Convergence Divergence (MACD) has been signaling a potential downturn, but the decrease in histogram bars indicates waning selling pressure. Furthermore, the Relative Strength Index (RSI) is nearing oversold territory at 36, suggesting that a price rebound could be on the horizon. If Solana manages to surpass $160, the next key resistance levels are at $170 and $180, positioning it for continued growth in the medium term.
On the downside, $150 remains a crucial support level for Solana, with further declines possible if the price dips below this threshold. Should the price fall below $145, it could trigger additional downward movement, with a potential drop to $140 or lower. However, Solana’s strong DApp revenue, DEX volume, and ETF inflows provide a solid foundation for potential price recovery, even as the broader crypto market experiences challenges.
