Solana Price May Triple Amid Rising Transactions and Network Activity
- Solana’s price is currently around $150, with potential to reach $500, forming a bullish cup and handle pattern.
- The network’s transactions increased by 48% in the last 30 days, totaling 1.66 billion.
- Active addresses on Solana rose by 8.2% to 104 million.
- Transaction fees collected surged by 47% to $35 million.
- DEX volume processed reached $76 billion, surpassing Ethereum and BSC.
The Solana network is experiencing significant growth in transactions and active addresses, contributing to a potential price increase from $150 to $500 as it forms a bullish chart pattern.
Source (2.6)https://coingape.com/markets/solana-price-rare-pattern-points-to-3x-gains-as-monthly-transactions-hit-1-6b/?rand=24432
