Solana (SOL) network activity surged, with daily volume exceeding 4.5 million transactions, a month-on-month rise of 22%, reigniting market interest. Developer participation also increased, with over 200 new applications deployed in three months, and the number of active developers growing 35% quarter-on-quarter. Despite a 15% rise in price over 30 days, analysts have differing opinions on whether this is a sustained upward trend or a temporary pullback. Against the backdrop of widespread fluctuations in the crypto assets market and macroeconomic impacts, Solana's high throughput and low fees continue to attract DeFi and NFT projects.
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Solana (SOL) network activity surged, with daily volume exceeding 4.5 million transactions, a month-on-month rise of 22%, reigniting market interest. Developer participation also increased, with over 200 new applications deployed in three months, and the number of active developers growing 35% quarter-on-quarter. Despite a 15% rise in price over 30 days, analysts have differing opinions on whether this is a sustained upward trend or a temporary pullback. Against the backdrop of widespread fluctuations in the crypto assets market and macroeconomic impacts, Solana's high throughput and low fees continue to attract DeFi and NFT projects.