🔥 Solana (SOL) Network Activity Surges – Can Its Price Catch Up?

📊 Solana (SOL) is witnessing a spike in network activity, raising hopes for a price recovery. Despite rising adoption, SOL’s price has lagged behind, leaving investors wondering if it will catch up.

📈 Key Network Highlights:

✅ Rising Daily Active Users (DAUs):

More wallets interacting with Solana dApps indicates growing adoption.

🔥 Higher Transaction Volume:

Increased on-chain activity shows strong network demand.

📊 DeFi and NFT Growth:

DeFi TVL is climbing, and NFT trading volumes are surging, boosting SOL’s utility.

💡 Will SOL’s Price Follow?

Bullish Case:

If SOL breaks resistance, it could rally to $150–$170 and beyond.

Bearish Case:

Failure to hold support near $120 could lead to further dips.

🚀 Key Catalysts:

✅ Institutional Adoption: More interest could drive liquidity.

🔥 Spot ETF Approval: A potential Solana ETF could trigger massive inflows.

📈 Expanding Ecosystem: More dApps and DeFi projects could boost demand.

$SOL