The cryptocurrency market has rebounded in a big way this week. Indeed, a host of tokens have bounced…

The cryptocurrency market has rebounded in a big way this week. Indeed, a host of tokens have bounced back, led by Bitcoin’s recent resurgence to the $102,000 level. Among the most impressive rebounds has been Solana, whose network revenue recently reached a 3-week high as SOL eyes a trip to the $200 level.

Entering 2025, Solana had some of the highest potential of any cryptocurrency. Although it had not yet reached the heights of a Bitcoin or Ethereum, there was hope it could get there. Now, its recent increase and performance have many believing that potential is once again present in the asset.

Also Read: SOL Strategies Purchases 122,524 Solana (SOL) worth $20 Million

Solana Network Revenue Explodes as SOL Looks to Continue Surge

The United States has firmly embraced the pro-crypto shift in 2025. That has been monumental for the asset class, as it could be set to propel a host of tokens to new heights. Among them is Solana, who is at the center of ETF discussion as it looks to get the highly coveted investment vehicle approved over the course of the year.

If that were to happen, it would cap off what has been a rather impressive resurgence for the asset. In the first three months of the year, the entire crypto market has been down. Yet, that changed in a big way this week. Specifically, Solana has seen its network revenue reach a 3-week high as SOL eyes an increase to the $200 level.

Also Read: Grayscale Files For Solana (SOL) ETF With NYSE

User activity on the network exploded, with real economic value for Solana’s daily network activity reaching figures of $8.35 million last week. Moreover, that denoted a 52.65% rise since the start of May. More importantly, it has stood out in comparison to every other notable network.

Tron is the second largest REV network, sporting $2.3 million. Moreover, Ethereum was in third, bringing in just $1.79 million, according to Blockworks. That looks to be a major reason why Solana has jumped a remarkable 37% over the last 30 days. After increasing to the $172 level on Friday, all eyes are on the upcoming $200 psychological level. If sentiment remains strong, it should continue to rise alongside a rallying market.