Grayscale Hails Solana as “Crypto’s Financial Bazaar” With Analysts Targeting $300 SOL

Grayscale Research has labeled Solana “crypto’s financial bazaar,” highlighting its deep on-chain economy, strong user growth, and dominant transaction activity as the foundation for long-term value creation. Meanwhile, analysts cite a notable surge in Solana’s on-chain activity, but major holders reducing futures exposure creates uncertainty around SOL’s next breakout. Solana’s Economic Engine Remains Hot Despite Whale Caution In a new report, Grayscale argues that the network’s diversity of decentralized applications (dApps), from DeFi to physical infrastructure, positions it as the leading smart contract platform by usage. “Solana is an active community and on-chain economy: an invisible metropolis with millions of users conducting thousands of transactions per second,” Grayscale wrote source: https://beincrypto.com/solana-fundamentals-grayscale-sol-price/