DeFi· ★★★· neutral·

Santiment: Solana network growth of 124% signals long-term bullish case

  • —Solana network growth reached 124% since early September
  • —About 1.71M new wallets daily; active addresses at 4.27M (+58%)
  • —US spot SOL ETFs bled $17.7M over three straight sessions
  • —SOL trades at $116.42, down 1.64% in 24 hours
Why it matters: A growing user base has historically supported higher network valuations, but ETF outflows and a hawkish Fed are weighing on SOL's price.
Source: BeInCrypto PL