Solana Leads in Daily Activity Despite Retracing in a Broadening Ascending Structure

Solana Leads in Daily Activity Despite Retracing in a Broadening Ascending Structure
фото показано с : zycrypto.com

2025-6-2 21:59

Even though Solana’s daily active addresses are going through the roof, the sixth-largest cryptocurrency based on market capitalization continues to witness a pullback.

Crypto analyst Lingrid noted this development: “Solana is pulling back within a broadening ascending structure, now testing dynamic support near $160. Previous breakouts from flag formations suggest buyers may defend this zone. If support holds, a new leg toward the $190–200 target zone could unfold. Price needs to confirm the bounce before momentum returns.”

Source: Lingrid

Therefore, SOL will need to hold critical support at $150 if a bullish fire is to be ignited towards the $200 zone.

Meanwhile, Ark Invest CEO Cathie Wood continues to preach the Solana gospel after recently stipulating that the blockchain was robust since it has withstood the Sam Bankman-Fried controversy.

Solana’s Daily Active Addresses Spike

Taking the helm as the blockchain with the highest daily active addresses and transaction volume, Solana continues to witness high usage, thanks to a vibrant ecosystem and strong demand.

Source: Crypto King25

This can be linked to the fact that Solana is known for its low-cost and high-speed transactions, recording more than 65,000 transactions per second (TPS).

Solana’s growing ecosystem might also trigger these high on-chain metrics, where meme coins and DeFi continue to take center stage.

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Solana (SOL) на Currencies.ru

$ 135.06 (-0.02%)
Объем 24H $4.412b
Изменеия 24h: -5.70 %, 7d: -4.57 %
Cегодня L: $134.92 - H: $140.34
Капитализация $75.622b Rank 7
Цена в час новости $ 154.4 (-12.53%)

solana daily roof going through sixth-largest continues

Источник: zycrypto.com

solana daily → Результатов: 126


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