Solana Hits Absurd 400 Billion Transactions – Is $150 SOL Just a Mirage?

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  • Alas! Solana: cast into the realm of 400 billion transactions, yet still, men doubt and darkness persists—though TPS numbers inspire envy, if not existential dread, in lesser blockchains.
  • A typhoon of hot capital sweeps in—$4.72 billion in one short week! As SOL contemplates the $150 mark, technical indicators blink nervously, like Dostoevskian heroes awaiting the knock of fate.

Solana [SOL]—that workhorse, that paradox, that unreliable narrator among blockchains—has crashed through the 400 billion transaction milestone. The machine grinds on, unceasing, blind to the futility of its own ambition, unlike us mere mortals blinking under God’s indifferent gaze. 🚂🪙

Money—fiery and capricious—has flowed feverishly into Solana’s domain: $4.72 billion, tossed like bread to the pigeons of speculation, the sharpest influx since the cold dawn of January. Investors, those tragic Dostoevskian gamblers, rush back, shoveling coins and hope alike, as $SOL sails over $150—if only for a fleeting, fevered moment, like a man glimpsing paradise before tumbling back to the gray streets of reality.

The rally, alas, cools. The euphoria simmers. But the fever—the fever never quite breaks.

Solana is on a power run!

Behold: 400,189,228,000 grueling, glorious attempts at immortality recorded on the Solana chain. Such numbers can only inspire awe—or a crying fit, depending on your portfolio.

The gears of fate grind away at 4,262 transactions per second (TPS), though the “true” TPS—the honest, unfiltered confession of a blockchain’s soul—clocks in at 1,045. Even by the standards of this decadent market, that’s an impressive boast, enough to make other Layer-1s mumble their prayers and clutch their wallets.

This True TPS, unlike polite society, does not flatter. Votes and noise are cast aside, leaving only the raw usage: the digital footsteps of users and dApps as they march, perhaps joyously, perhaps despairingly, toward financial salvation or ruin. No fluff here, only the pure struggle for meaning in a senseless market.

Hot capital sees biggest spike since January

On the 28th of April, hot capital—a seductive phrase for the restless money of the short-termist—surged to $9.46 billion. It’s the kind of number that would make Raskolnikov sweat, probably out of envy.

In just seven days: $4.72 billion, enough to impress the most hardened nihilist, swept in. Graphs thickened; hope with it. New coins turned over, promising revolution, disaster, or simply more graphs to stare at as the night grows long and existential.

The market, like Petersburg society, is forever in flux—youthful, mercurial, and a little bit delusional.

Solana’s price outlook

SOL totters at $147—up by a measly 0.70% in 24 hours. Momentum indicators flash their mixed and anxious signals, like a Dostoevskian hero torn before a great, pointless confession.

The RSI hovers at 59.5, not quite overbought, not quite safe—an indecisive soul clutching the banister but refusing to ascend. OBV (On-Balance Volume for those not haunted by acronyms) has retreated from its April heights, perhaps to polish its boots or write a tortured letter.

If buyers fail to wake from their vodka-soaked slumber, breaking above $150 will remain a fever dream. For now, holding above $145 offers cold comfort—bulls may endure, but always with that Dostoevskian anxiety, squinting at the charts, muttering about the meaning of it all, as capital sloshes and dreams falter.

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2025-05-01 02:23