Solana Sees Spike in Daily Active Addresses: How Will It Affect SOL Price?

Quick Summary:

Solana, the Layer-1 blockchain platform, has experienced a notable resurgence in user activity over the past week, marking a significant turnaround from its recent slump.

Particularly noteworthy is the influx of new users to the Solana ecosystem.

Currently trading at $144, SOL has registered a modest 1% gain over the past week, maintaining its position just above the $133.58 support level.

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets: United Arab Emirates

Topics: Investing News Solana Editors News SOL

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-11 @ 19:15:00 (21 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 264 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23004035

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 10 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 21 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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