Solana’s price decreased to 150.67 USD after a 6.15% weekly rally. Despite this slump, traders moved 27.5 million USD in SOL from exchanges to private wallets, showing robust buying interest.
On-chain transaction volume hit 2 billion USD, up 35% from last month. However, weekly active users fell to 22 million, indicating waning confidence in SOL’s potential recovery, even as bullish sentiment prevails in the derivatives market.
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