While SOL has pulled back slightly in recent days, on-chain activity is heating up as a new wave of AI-focused tokens drives fresh interest across the Solana ecosystem.
Leading the charge is Bags, a viral new launchpad built on Solana that has quickly become a favorite among users of the generative AI platform Claude.
Similar to Pump.fun, Bags lets users launch tokens with ease, but its growing focus on AI-themed coins has sparked a surge in demand.
This rise in activity and niche specialization could support a bullish Solana price prediction, especially as AI and crypto continue to converge.
Data from DeFi Llama shows that Bags fees spiked to their highest level on record at $2 million just 6 days ago, and have stood above $400,000 every day since then.
Meanwhile, Jupiter data indicates that the protocol has captured a 23.2% market share in the launchpad market in the past 7 days, surpassing well-established rivals like Meteora and LetsBonk.fun.
Solana (SOL) benefits directly from Bags’ popularity as it results in higher transaction volumes for the network and a direct increase in fees.
Solana Price Prediction: SOL Accumulation Persists and Needs to Break Above $160 to Start Rallying
SOL has been consolidating for months now, moving between $120 and $146 as the crypto market has struggled to find direction lately.
Source: TradingView
This top altcoin has dropped in 4 out of the last 6 trading sessions, and could be eyeing the $120 support once again as market sentiment remains depressed.
Nonetheless, a spike in network transaction volumes due to the growing popularity of protocols like Bags and Pump.fun could drive up SOL’s demand in the near term.
To confirm a bullish outlook, the price has to break out of its consolidation pattern and preferably move above $160 to reverse its downtrend.
In that case, SOL could rise to $200 shortly if bullish momentum gains enough traction.
Other Solana-based solutions like Bitcoin Hyper ($HYPER) could soon jump into the spotlight in the same way as Bags. This crypto presale aims to launch the first real Bitcoin L2 and has raised more than $30 million to get it done.
Bitcoin Hyper ($HYPER) Presale Brings Solana-Level Speed to Bitcoin for The First Time
Bitcoin Hyper ($HYPER) is a high-potential presale that brings Solana’s speed and low fees to Bitcoin, making it faster, cheaper, and far more usable.
Built as a next-gen Layer 2, Bitcoin Hyper unlocks real DeFi and payments for BTC, giving developers the tools to launch efficient, scalable apps directly in the Bitcoin ecosystem.
For the first time, BTC holders can stake, lend, earn yield, and trade their assets without needing to bridge out or leave the security of the Bitcoin blockchain.
Bitcoin Hyper solves the key limitations of Bitcoin, bringing smart contract support and high-speed transactions to the world’s most recognized crypto network.
The presale has already raised over $30 million, and early $HYPER buyers are currently earning up to 38% APY through staking.
To buy $HYPER at its discounted presale price, head to the official Bitcoin Hyper website and connect any compatible wallet (e.g. Best Wallet).
You can buy using USDT, USDC, ETH, or simply use a bank card for a quick and easy purchase.
Visit the Official Bitcoin Hyper Website Here
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