Solana's price has plummeted nearly 49% from its peak on September 17, yet daily active addresses have reached a ten-week high, according to Cryptofrontnews. Despite the price decline, Santiment reports a bullish divergence with increased network participation. New wallet creation and active addresses have been forming higher lows since early October, indicating renewed user engagement. Market analysts are monitoring the $95.26 support level, which could be pivotal for Solana's future price direction. The cryptocurrency's market cap continues to compress, nearing the $70 billion mark as sharp declines persist.