Solana’s wallet activity reached an all-time high of 11.44 million addresses with holdings of at least 0.1 SOL, reflecting a significant boost in market confidence. The increase in addresses coincided with substantial price movements, hinting at solid grassroots support.
Despite a recent decline in SOL’s price, analysts anticipate a recovery towards 184 USD, supported by rising Open Interest in Futures and Options. Ongoing accumulation by small holders further suggests potential bullish momentum in the market.
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