Solana price has trended lower since January, even as the network racks up record usage and revenue. We watched SOL lag while the chain generated over $271 million in Q2 2025 fees and payments, more than any other network for three straight quarters. The gap between price and activity sits inside a bigger crypto story: money rotating between Layer-1s, meme coins, and ETFs while regulators and institutions focus on Solana. Why Has Solana Fallen While The Network Looks Strong? If you are new to Solana, i ...