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Solana (SOL) broke through the $200 mark, social media followership surged.
The price of Solana (SOL) has surpassed the $200 mark for the first time in months, sparking widespread discussion in the Crypto Assets community. With the surge in price, Solana's follow on social media has also reached its highest point since June, and the heat on social media is becoming an important indicator of market sentiment.
Solana's dominance in social media skyrockets According to the latest post from the analysis company Santiment, Solana's social media follow (Social Dominance) has risen significantly, indicating a surge in discussions about this asset on social media. Social Dominance is calculated through social trading volume (Social Volume), which measures the number of independent posts, messages, or threads regarding this asset.
Santiment explained that the social dominance metric calculates the percentage of total social discussions for Solana among the top 100 Crypto Assets. The chart shows a sharp increase in Solana's social dominance, indicating a surge in interest from social media users in this asset. As Solana's price broke through the $200 mark, the intensity of social discussions increased significantly, currently accounting for 8.9% of all discussions related to Crypto Assets, the highest level since June 6, 2025.
Although the increase in market interest is usually seen as a positive signal, excessive attention often brings negative effects. In past experiences, excessive social media hype is typically viewed as a bearish signal. Therefore, the surge in Solana's social dominance is worth following, as panic buying (FOMO) may have a restraining effect on price trends.
Development activity indicators show an increase in Solana developer activity In the same chart, Santiment also shows another key metric for Solana - development activity. This metric measures the amount of work done by project developers on their public GitHub repositories, quantified in "events", with each event representing any action taken by developers on the repository, such as a commit or a fork.
From the chart, it can be seen that the development activity of Solana has recently increased, rising to over 63 events per day, which is the highest level since May 22. This indicates that the Solana development team has intensified their development efforts alongside the price increase.
Conclusion The increase in Solana's social media popularity and development activity indicates that market interest and confidence in the project are growing. However, with the surge in social media discussions, investors should be wary of excessive FOMO sentiment to avoid short-term price corrections. Meanwhile, the active participation of Solana developers also provides a positive signal for the project's long-term development, making it worth following.