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CoinWorld News, renowned crypto analyst Cheds stated that Solana (SOL) is at a key support level and may see a significant rebound. He pointed out that if Solana's price rises by more than 6% from its current level, it will confirm a bullish trend. Cheds also mentioned that Solana's price is approaching the lower end of its support, while also intersecting with the 50-day moving average and the upper Bollinger Band. Additionally, on-chain data from analytics firm Santiment shows a sudden surge in activity on the Solana blockchain, with active addresses jumping to 4.51 million since last Saturday, the highest level since February. This increase is linked to a new record for tokenized stocks on Solana, which is expected to drive SOL prices higher. Currently, Solana is trading at $73.60, down 1% on the day.