Solana (SOL) has emerged as one of the month’s top gainers, rising over 20% as optimism spreads across the crypto market.
Analysts say Solana’s return above $200, though brief, reflects genuine adoption trends, as it’s driven by record on-chain activity, DeFi growth, and macro tailwinds, and not mere speculation.
“Setup Is Constructive”
In a statement to CryptoPotato, experts from B2BINPAY stated that Solana’s jump back above $200 this week is “more than just a speculative pop.”
On-chain metrics, for one, reflect strong growth, as daily active wallets are nearing 3 million. Blockchain throughput has also tripled since July, while DeFi total value locked reached its highest point since 2022. Expanding NFT activity, GameFi adoption, and Visa’s recent USDC settlement pilot on the Solana network add further credibility to its rally, according to the analysts.
From a technical perspective, the $200 mark has emerged as a solid support level, with relatively thin resistance
We współpracy z: https://cryptopotato.com/solanas-200-comeback-is-no-mere-speculative-pop-heres-why/