Solana Price Prediction Points To $110 As Daily Active Addresses Hit 5 Million
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Solana (SOL) climbed above $100 to $101.45, breaking a multi-month downtrend and testing $100 as new support after an ascent from a June low near $60; daily active addresses reportedly hit 5 million. On-chain activity surged as Solana memecoin volume reached $5.2B last week (about 85% market share) even as SOL ETF inflows slowed to $9.14M after two days above $30M, signaling strong crypto adoption and DeFi/meme liquidity that supports bullish price momentum despite cooling institutional flows.
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- SOL trades at $101.45, testing $100 as support after breaking a multi-month downtrend
- Solana’s memecoin volume hit $5.2B last week, capturing roughly 85% of the market
- SOL ETF inflows slowed to $9.14M after two days above $30M each
SOL price closed above $100 for the first time in over three months, and this session is the first real test of whether that level holds as support instead of the ceiling it’s been since May.
Solana Price Analysis: Did SOL Just Turn $100 Into Support?
SOL has been climbing along an ascending trendline since the June low near $60, and this week’s sharp move above $100 extended that same uptrend rather than breaking out of a downtrend. Price is now trading at $101.45, pulling back slightly from a high of $102.25, with today’s session testing whether $100 holds as a floor now instead of the …
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