Solana Network Activity Grows As 11M Wallets Now Hold 0.1 SOL Or More – Analyst

Solana has rallied more than 22% since last Thursday, riding the wave of renewed bullish momentum across the broader crypto market. As Bitcoin pushes toward all-time highs and Ethereum breaks key resistance levels, Solana has followed suit with impressive strength. The price surged to a local high of $181 before encountering resistance, where it now consolidates just below that mark, searching for support to fuel the next leg higher. Related Reading: Ethereum Hits Major Level After Biggest Weekly Candle In Years – What Comes Next? While price action cools at a pivotal level, on-chain data shows significant growth in Solana’s user base source: https://www.newsbtc.com/news/solana/solana-network-activity-grows-as-11m-wallets-now-hold-0-1-sol-or-more-analyst/