Solana’s token holder net income has remained above $400,000 for two consecutive weeks, marking a turnaround after three consecutive weeks of negative readings, according to SolanaFloor. The improvement reflects stronger aggregate net income across stakers and non-stakers. Meanwhile, SOL is attempting to recover near $109 following a sharp decline. Market attention is now focused on whether buyers can defend $107 support and push the price toward $113–$118, or whether renewed selling pressure will extend the decline.
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Solana Holder Net Income Returns to Positive Territory
SolanaFloor reported that aggregate token holder net income has remained above $400,000 over the past two weeks after three consecutive weeks of negative readings. The change signals an improvement in the network’s economic performance across both stakers and non-stakers.
Source: SolanaFloor’s X Post
Token holder net income offers insight into the value generated by network activity after accounting for relevant operating costs. Sustained positive readings can indicate improving network economics, although the metric alone cannot establish whether the trend will continue.
The latest turnaround is notable because it follows a period of weaker readings. If Solana maintains positive net income in the coming weeks, it could provide further evidence that the network’s economic conditions are stabilizing.
Also Read: Solana Network Growth Gains Attention as SOL Price Eyes a Breakout to $250
Improving Economics Puts SOL Fundamentals in Focus
The recovery in token holder net income provides a fundamental development to watch alongside SOL’s price action. Network economics can help investors assess whether blockchain activity is generating sustainable value rather than relying exclusively on short-term market sentiment.
However, positive readings over two consecutive weeks do not constitute a sign of sustained recovery. The trader and investor must observe whether there is a sustainable positive net income and whether the network activity is reinforcing this.
This confluence of favorable factors may boost confidence in the market. Alternatively, negative readings in net income coupled with price weakness will mean that this latest improvement does not represent a sustainable trend.
SOL Price Targets $118 After Sharp Decline
The SOL price is trading close to $109 following a violent selloff, according to a crypto analyst known as BitGuru. BitGuru believes that $107 is the short-term support level and may influence the subsequent direction of SOL.
In the event the SOL price manages to stabilize above $107 and buying pressure starts taking control of the market, the bulls may be looking at the $113 mark as their next target, followed by $118.
Source: BitGuru’s X Post
However, a sharp decline through $107 might open up room for more sellers on SOL. Hence, the level is significant in analyzing the ability of the recent bounce to translate into recovery.
However, these prices only indicate a technical view that is conditional and cannot be predicted accurately. It will all depend on the response of the SOL price at the support level and the buying interest.
The technical view of BitGuru focuses on how SOL can sustain the $107 level after the recent drop. If the buyers manage to regain control, the price could move up towards the $113-$118 mark.
This bullish case is likely to be impaired in the event that SOL moves below $107, enabling sellers to gain more control. The focus for traders would thus be on how support, buying interest, and the ability of the asset to move higher play out.
On another note, the positive change in the net income of token holders adds some fundamental perspective into the picture.
What Comes Next for SOL?
Solana’s subsequent action is contingent on whether the net profit of the token holders continues to improve and whether SOL remains stable above $107. If more positive readings occur, this may bolster the improving fundamentals of Solana’s network, as well as its technical condition.
For the time being, $113 and $118 are still possible upside targets if the bulls take control. Breaking below $107 will diminish that possibility. Watching both the network conditions and price movements will be key to seeing if Solana’s fundamentals improve amid an upturn in the market.
Also Read: Solana Ecosystem Growth Strengthens as SOL Price Outlook Draws Attention
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
