Why SOL’s price is stagnant despite Solana’s thriving activity

Solana leads the blockchain market with more than 4 million daily active addresses and 86 million transactions. However, despite this high utilization, SOL’s value hasn’t seen a corresponding increase.

The anticipated GENIUS Act may enhance the stablecoin supply significantly, benefiting Solana. Additionally, the cup-and-handle pattern in technical analysis suggests that SOL could rise to 135-140 USD if it successfully breaks resistance.

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