Solana Price Prediction: SOL once broke through 200 USD, optimistic outlook for Layer 1 Blockchain

Solana price hits a new five-month high, achieving a 50% monthly rise, becoming the focus of market attention. Although the price has temporarily retreated to $197, the options market and increased open interest indicate that capital inflow suggests possible market fluctuations. As the outlook for Layer 1 Blockchain becomes more optimistic, Solana is seen as an important beneficiary.

Solana reaches a new high, market follow-up surges Solana (SOL) broke through $200 on Monday, reaching a new high in five months and achieving a 50% rise over the past month. Although it touched $200 during early Asian trading, it later fell back to $197, indicating that Solana is currently facing strong market reactions.

As the strength of the Solana market continues to increase, its opening interest over the past three days has risen by $1.5 billion, further indicating a capital influx. This change may suggest an increase in investor confidence and lays the groundwork for further rises in Solana's future.

Options market fluctuation expectations Sean Dawson, the research head of the options trading platform Derive, pointed out that the Solana market is preparing for "tumultuous months," primarily reflected in the widening gap between 30-day realized volatility and implied volatility. Implied volatility has surged from 4% to 14%, indicating that options traders have significantly increased their expectations for future market fluctuations.

In this context, although Solana's recent price fluctuations have been relatively stable, the options market has begun to react to potential drastic fluctuations. Currently, investor demand for call options is higher than for put options.

The outlook for Layer 1 Blockchain is bullish, and Solana benefits significantly Dawson is optimistic about the Layer 1 Blockchain market over the next six months, believing that the sector will stand out with the support of policies such as the "Trump Big Bill" and the GENIUS Act. In addition, the institutional adoption of Ethereum may also inject more capital into the entire Layer 1 ecosystem.

Solana, with its "high beta" characteristics and the resurgence of "Meme coin trading", may become a major beneficiary of this wave. Nevertheless, Dawson emphasizes that Solana's long-term performance relies on macroeconomic conditions, particularly the U.S. employment report and the consumer price index (CPI) data on July 30.

Conclusion: Solana is currently experiencing strong price rises and market follow, with its options market activity indicating an increased expectation of future fluctuations among investors. If the U.S. labor market remains weak and inflation eases, Solana may see more rising opportunities in the coming months, becoming one of the leaders in the Layer 1 blockchain space.