Solana is experiencing a renewed wave of interest in investors, with more than $ 120 million in liquidity weighted to the network in the past 30 days, according to Debridge data.
Ethereum led the entries with $ 41.5 million, followed by Arbitrum with $ 37.3 million.
Additional transfers came from the base ($ 16 million), the BNB channel ($ 14 million) and Sonic ($ 6.6 million), reflecting a broader change in the feeling of the market -based ecosystems.
Solana sees a lively turnaround while liquidity returns
This wave of liquidity is a lively reversal of the outings that Solana experienced earlier this year.
In the wake of the same money scandal in Argentina, which involved President Javier Milei, the investors pulled around $ 485 million from Solana to competing blocks such as Ethereum and BNB Chain.
The recent return of capital suggests that confidence can be stabilizing, in particular in the midst of a resurgence of the memecoin negotiation.
The coins like Popcat, Fartcoin, Bonk and WIF contributed to the bullish momentum, displaying respectively weekly gains of 79%, 51%, 25%and 21%.
These speculative tokens have triggered a renewed activity on the chain, although the generation of Solana costs has not yet returned to the previous summits.
In March, the network generated slightly less than $ 46 million in costs – significantly below the peak of more than $ 400 million in January. Figures in April currently represent around $ 22 million.
The chain data also highlights this growing activity. Glassnode recently indicated that more than 32 million soils – equivalent to 5% of the total offer – have accumulated at the price of $ 130 in recent days.
This can establish $ 130 as a critical level of support, with additional clusters at $ 117.99 and $ 144.54 representing potential short -term limits. Analysts now consider $ 129 as a pivot point for the action of Solana prices.
Ethereum fees drop to a 5 -year hollow, on average $ 0.17
Meanwhile, Ethereum sees the opposite trend. Transaction costs on its network fell to their lowest level in five years, which is now on average only $ 0.168 per transaction.
This drop is widely attributed to reduced use, as fewer users send ETH or engage with smart contracts, according to Brian Quinlivan of Santiment.
“With a lower demand, there is less competition for the block space, so users do not have to say high costs,” said Quinlivan.
However, he noted that from a commercial perspective, such low activity and cheap costs could suggest a lack of momentum for the resumption of short -term prices of Ethereum.
Break: Ethereum fees are 5 years old, transactions currently costing only $ 0.168. This is the cheapest daily cost of manufacturing $ ETh Transfers since May 2, 2020. We briefly decompose this in our latest information.
– Santiment (@santimentfeed) April 16, 2025
Break: Ethereum fees are 5 years old, transactions currently costing only $ 0.168. This is the cheapest daily cost of manufacturing 
The price of Ethereum has dropped by more than 12.5% in the past two weeks, oscillating just under $ 1,600 at the time of the editorial staff.
The slowdown in the market followed the announcement by American president Donald Trump of radical prices on April 2, triggering an economic uncertainty and larger drops of assets on the traditional and cryptographic markets.
Last month, Crypto Carter Cartle Island Ventures’s venture capital highly underlined two key problems undergoing Ether’s value: the rise in layers of layer 2 (L2) and the emission of uncontrolled tokens.
He argued that the “eth L2 gourmet” siphon the value of the base layer of Ethereum while restoring little back.
He also criticized the acceptance by the Ethereum community of an excessive token creation, saying that “ETH was buried in an avalanche of its own tokens. Morta with his own hand ”.
The position of more than $ 120 million weighed in Solana in 30 days, led by $ 41.5 million from Ethereum appeared first on Cryptonews.
