Solana's price has surged to $144, approaching the $145 resistance level, despite a noticeable slowdown in network growth. According to data from Santiment, the weekly creation of new wallets on the Solana network has significantly decreased, dropping from 30.2 million in November 2024 to just 7.3 million currently. This decline in wallet creation suggests a potential cooling in user adoption and network expansion.
Solana Reaches $144 Amid Slowing Network Growth
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