Markets· ★★★· bullish·

Solana breaks downtrend as monthly onchain transactions top 5 billion

  • SOL rose about 10% on September 18, climbing from just above $100
  • Solana's monthly onchain transactions exceeded 5 billion for the first time
  • Post-breakout targets: $125, $150 and $180
  • SOL remains well below its January 2025 peak of around $295
Why it matters: Record network activity combined with the trendline break could confirm a SOL reversal upward, but everything depends on the weekly close.
Source: The Coin Republic