Solana’s stablecoin supply surged by 156% in 2025, reaching a new high of $12 billion, while the TVL grew by 25% to $7.65 billion, leading in DEX volume share. The SOL price formed a bull flag pattern with a target of $220. Despite hitting $156 on April 25, SOL’s bullish momentum faded, but indicators suggest further upside. The stablecoin supply surpassed $13 billion, with Circle’s USDC dominating at 77%. Stablecoins play a crucial role in Solana’s DeFi ecosystem, boosting liquidity and SOL demand. Increased stablecoin inflows historically correlate with price rallies, as seen in 2023-2024. Solana ranks second in TVL and first in DEX volumes, with a 25% increase in TVL to $7.65 billion and a 25% rise in daily transactions to 57.77 million. The network holds 27.7% DEX volume market share, surpassing Ethereum and BNB Chain. The bull flag pattern on the daily chart hints at a potential $220 target for SOL price, up 53% from the current level. Analysts suggest SOL needs to hold the $120-$130 support for a move towards $178 and beyond. This information does not constitute investment advice, and readers should conduct their own research before making decisions.