đ„ Solana Takes Over Social Media â Price Blasts Through $200! đąđ
Solana ($SOL ) just broke above the $200 mark for the first time in months, and the surge has set social media ablaze.
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đ Social Dominance Hits 2-Month High
According to on-chain analytics firm Santiment, Solanaâs Social Dominance has jumped to 8.9% â the highest since June 6th. This metric tracks Solanaâs share of total crypto-related conversations across platforms, compared to the top 100 cryptocurrencies.
đ Why It Matters:
âą Surging social dominance means retail awareness is peaking
âą Historically, sharp spikes in attention precede either breakouts or pullbacks
⹠Public FOMO can create euphoria⊠or exhaustion
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đ» Development Activity Also on the Rise
Santiment also highlights a steep rise in Solanaâs development activity, which now averages 63+ GitHub events/day â the highest since May 22nd.
đ ïž What Counts as Activity?
âą GitHub commits
âą Code forks
âą Project updates by devs
This means Solanaâs core team is building aggressively, aligning fundamentals with price strength â a bullish signal for long-term conviction.
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đš The Takeaway:
âą SOL price > $200: Bullish milestone
âą Social Dominance = 8.9%: Massive spike in retail chatter
âą Dev Activity Surging: Fundamentals catching up with hype
While social buzz helps fuel momentum, traders should remain cautious â too much hype can front-run short-term exhaustion. But with development accelerating and $200 breached, Solanaâs strength looks more than just noise.
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#Solana #SOLUSDT #CryptoNews #SocialDominance #OnChainData
