Solana returned to the top of the weekly network revenue leaderboard as traders watched SOL hover around the $145 area. On-chain revenue data showed Solana ahead of several Layer 1 networks, while market pricing data kept attention on a resistance zone that has limited recent upside moves.
Blockworks’ chain comparison dashboard showed Solana generating about $7.66 million in weekly network revenue. Tron followed at roughly $6.48 million, while BNB Chain stood near $4.04 million and Ethereum near $3.34 million for the same period.
Network revenue aggregates fees, tips, and other chain-level income paid by users to execute transactions. Those payments often rise when activity increases across exchanges, games, and other on-chain applications. The latest data shows Solana capturing more paid usage than Ethereum during the week measured by the dashboard.
In spot markets, CoinMarketCap data shows SOL price trading near $144.88, up about 1.87% over 24 hours. The price sat close to the $145 level that many traders treat as a near-term pivot because it has attracted selling during recent rallies.
SOL derivatives data also pointed to higher positioning. According to CoinGlass data, Solana open interest reached $8.67 billion alongside roughly $19.62 billion in 24-hour futures volume. Rising open interest can signal new leverage entries, which can magnify price movement if traders unwind positions quickly.
Market analysis pointed to the 100-day EMA near $148.99 as an overhead level to watch, with a higher long-term reference near the 200-day EMA around $160.40. The shorter-term support sits around the mid-$130s based on the recent trendline and moving-average levels.
If SOL moves above $145 and holds, traders may focus on the next resistance near $150. A rejection could keep the price range bound in January.
Also Read: Solana’s Momentum is Rising: Will SOL Break the $145 Ceiling?
Stablecoin usage on Solana has expanded over the past year, which can lift activity in DeFi and trading venues. DL News, citing DefiLlama data, reported that the stablecoin market cap on Solana rose from under $6 billion a year earlier to over $13.3 billion, after reaching a record above $16 billion in December.
The report linked the growth to low-cost payments and DeFi products, and it noted rising interest from financial and payments firms using Solana for stablecoin settlement and transfers. These stablecoin balances often serve as the base asset for trading and liquidity, so changes in supply can influence transaction activity and fee generation on the network.
At the same time, in the ETF market SoSoValue data indicates Solana spot ETFs have total net assets of $1.18B as of January 13.