In the past week, Solana's on-chain activity has been truly booming, with active addresses soaring 56% to 27.1 million, and weekly transaction counts surpassing 515 million. This growth rate seems a bit crazy, but the opposite is true for the price—yet this may not be a bad sign. The internal vitality of the ecosystem is clearly increasing, thanks in part to the memecoin trend. Various new projects are emerging on Solana, attracting a large influx of capital. Although highly speculative, they have indeed boosted network usage. From a technical perspective, SOL has currently held the support level at $135.5, and the MACD has shifted from negative to positive, signaling some optimistic signs. If it can break through the key resistance zone at $147-$153, a rebound rally is likely to follow.

SOL-3,73%
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down_only_larryvip
· 13h ago
The price of the coin drops while the coin's popularity rises, this is outrageous... However, the Solana ecosystem is indeed alive, and the craziness of memecoin is truly unmatched.
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HorizonHuntervip
· 13h ago
The price drops and activity levels skyrocket; this is the real bottom signal.
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rekt_but_resilientvip
· 13h ago
Active addresses surged by 56% while the price is still falling. This contrast is quite something... It's all meme coins celebrating wildly.
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CryptoMotivatorvip
· 13h ago
Active addresses surged by 56% while the token price fell. This stark contrast is indeed remarkable. However, the high on-chain activity indicates that real users are using it, unlike some chains where the data looks good but there's no real usage. The memecoin craze has also helped boost ecosystem enthusiasm, which can be considered a fortunate coincidence. Watching whether 135.5 can hold is key, and the real question is whether it can break through the resistance zone afterward.
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