Solana DAT and TradFi Wave are coming, can Solana hit 300 dollars?

Solana (SOL) recently encountered a pullback after reaching 250 USD, but on-chain data and capital flows indicate that market confidence in its potential to hit 300 USD is rapidly increasing. From dominating the volume on decentralized exchanges (DEX) to significant corporate investments, and the implementation of cross-chain infrastructure and promotional activities, multiple favourable information are laying the groundwork for the next wave of pump for SOL.

On-chain activity surges: DEX volume surpasses Ethereum

(Source: DefiLlama)

According to DefiLlama data, in September, the Solana DEX volume reached 121.8 billion USD, surpassing Ethereum and BNB Chain, regaining its leading position in the market.

This advantage not only means higher on-chain fee revenue but also directly drives the demand for SOL as transaction fees and staked assets.

Nansen data shows that Solana's transaction fees have increased by 23% over the past 7 days, highlighting the continuous enhancement of on-chain activity.

Corporate Fund Inflow: TradFi Wave Boosts SOL Demand

Recently, multiple traditional financial and technology companies have allocated funds to SOL:

Forward Industries (FORD): Completed a $1.65 billion private placement to purchase 6.8 million SOL.

DeFi Development Corp: Holds over 2 million SOL (approximately 460 million USD)

Pantera Capital: Launches Helius (HSDT), a reserve management tool based on Solana, with a first round of private placement sized at $500 million, which may exceed $1 billion in the future.

The “TradFi Wave” is bringing more long-term capital into the Solana ecosystem, strengthening the market's mid to long-term demand expectations for SOL.

Infrastructure and Promotion: Base Bridge + WLFI Collaboration

The Solana team is promoting the establishment of an open-source cross-chain bridge with Base, allowing assets to be freely transferred between the two chains, creating a more interconnected multi-chain ecosystem.

At the same time, the cryptocurrency project World Liberty Financial (WLFI) supported by US President Trump announced a partnership with Bonk.fun and Raydium from the Solana ecosystem to launch a promotional campaign worth millions of dollars, focusing on promoting $1 stablecoin trading pairs, further enhancing on-chain trading activity.

Price Outlook: Feasibility Analysis for $300

If SOL rebounds to $300, its market capitalization will reach $163 billion, still lower than Ethereum's current market capitalization of 30%.

Considering:

1. On-chain volume and fees continue to grow.

2. Companies and funds continue to increase their holdings.

3. Cross-chain infrastructure and promotional activities implementation

Analysts believe that a pump of 20%-25% for SOL in the short term is not impossible.

Conclusion

Solana is at a confluence of multiple favourable information points regarding on-chain activity, capital inflow, and ecosystem development. If market sentiment continues its current positive trend, 300 USD is not only a psychological barrier but may also become the starting point for a new round of pump.