According to AltcoinGordon, the prospect of Solana (SOL) reaching the $1,000 mark has become a trending topic among traders, driving increased trading volume and renewed interest in the altcoin market (Source: @AltcoinGordon, Twitter, May 18, 2025). Recent on-chain data shows SOL has experienced a surge in both spot and derivatives activity, with open interest hitting new highs on major exchanges. Technical analysis indicates resistance near the $200-$250 range, with bullish sentiment fueled by ecosystem growth and rising DeFi TVL. Traders are closely monitoring support levels at $170, as well as potential breakout signals that could trigger further upside. This increased speculation is having a spillover effect on other Layer 1 tokens and influencing overall crypto market sentiment.