Solana Price Breaks Multiple Onchain Records as Bulls Push It Above $104
Key Insights:
- Solana price moved above $104 as network activity reached 5 million daily active addresses.
- SOL crypto price gained 7.55% as trading volume climbed to $5.28 billion in 24 hours.
- Solana crypto tokenized commodity supply reached $49.8 million, while a trader bought $9.74 million in SOL.
Solana price moved above $104 as network activity reached new highs, with 5 million daily active addresses and tokenized commodity supply hitting $49.8 million. SOL also drew fresh buying from a trader who returned after two years, adding to the latest signs of stronger market activity now.
Solana Price Rises as Network Activity Hits 5 Million Daily Addresses
Solana price moved higher alongside a sharp increase in activity across the network. The network reported 5 million daily active addresses, marking another major record for the blockchain as more addresses interacted with the network.
The rise in daily active addresses came as SOL traded at $103.93, up 7.55% over the 24-hour period. The move pushed the SOL crypto price above the $104 level and positioned the token among the stronger assets in the market during the period covered by the data.
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