Can Solana Price Make a Recovery As On-chain Activity Soars? 📈
Solana (SOL) recently achieved a notable milestone with its transfer volume reaching $3 billion, marking the first time since September 2024. This increase in transaction activity highlights a growing interest in the Solana network.
Despite the surge in total transfer volumes, Solana's price has not yet mirrored this upward trend, raising questions about a potential price rebound. According to data from Glassnode, the disconnect between rising on-chain activity and the stagnant price remains a focal point for analysts.
Source: www.thecoinrepublic.com ↗