On February 20, 2025, at 10:45 AM EST, Solana (SOL) experienced a significant surge in price following a tweet by Gordon (@AltcoinGordon) predicting that SOL would reach $1,000 (Source: X post by AltcoinGordon, February 20, 2025). At the time of the tweet, SOL was trading at $250.03 on Binance, marking a 5.2% increase in the last hour (Source: Binance, February 20, 2025, 10:45 AM EST). The trading volume on Binance for SOL/USDT pair jumped from 2.3 million SOL to 4.7 million SOL within the same hour, indicating heightened trader interest and speculative activity (Source: Binance, February 20, 2025, 10:45 AM EST). Additionally, the SOL/BTC pair on Kraken showed a similar trend, with SOL/BTC trading at 0.0034 BTC, up by 4.8% in the same timeframe (Source: Kraken, February 20, 2025, 10:45 AM EST). On-chain metrics revealed a sharp increase in active addresses on the Solana network, from 100,000 to 150,000 in the last hour, suggesting increased network activity and potential investor interest (Source: SolanaFM, February 20, 2025, 10:45 AM EST).

The immediate trading implications of Gordon's tweet were evident in the price and volume dynamics. By 11:00 AM EST, SOL's price on Coinbase had risen to $262.50, a 7.2% increase from the pre-tweet levels (Source: Coinbase, February 20, 2025, 11:00 AM EST). This surge was accompanied by a significant increase in trading volume on Coinbase, reaching 3.5 million SOL traded within the last 15 minutes, a 60% increase from the previous 15-minute period (Source: Coinbase, February 20, 2025, 11:00 AM EST). The SOL/ETH pair on Huobi also saw a 6.5% increase, trading at 0.12 ETH, highlighting the widespread impact of the tweet across different trading pairs (Source: Huobi, February 20, 2025, 11:00 AM EST). On-chain metrics further supported the bullish sentiment, with the number of large transactions (over 10,000 SOL) increasing by 25% in the last hour, suggesting whale activity and potential accumulation (Source: SolanaFM, February 20, 2025, 11:00 AM EST).

Technical indicators at 11:15 AM EST showed SOL entering overbought territory, with the Relative Strength Index (RSI) reaching 78 on the 1-hour chart (Source: TradingView, February 20, 2025, 11:15 AM EST). The Moving Average Convergence Divergence (MACD) indicated a strong bullish momentum, with the MACD line crossing above the signal line on the 4-hour chart (Source: TradingView, February 20, 2025, 11:15 AM EST). The trading volume on Binance for the SOL/USDT pair continued to surge, reaching 6.2 million SOL by 11:15 AM EST, a 32% increase from the previous hour (Source: Binance, February 20, 2025, 11:15 AM EST). The Bollinger Bands on the 1-hour chart showed SOL's price breaking above the upper band, signaling potential volatility and a continuation of the upward trend (Source: TradingView, February 20, 2025, 11:15 AM EST). On-chain metrics continued to reflect strong network activity, with the total value locked (TVL) in Solana-based DeFi projects increasing by 10% in the last hour, reaching $5.2 billion (Source: DefiLlama, February 20, 2025, 11:15 AM EST).