$SOL

User activity on the Solana (SOL) network has seen a remarkable surge, with an increase of nearly 400% in the final quarter of this year, partly attributed to the successful performance of decentralized finance (DeFi) protocols and non-fungible token (NFT) verticals on the Solana (SOL) platform. A significant contributor to this trend is Jupiter, a prominent DeFi protocol and swap aggregator which has been instrumental in driving increased user engagement.

In terms of trading value, Solana (SOL) has experienced fluctuations within the range of $63.2 to $78.93. The 10-day Moving Average is currently at $74.37, while the 100-day Moving Average stands at $69.94. Key support levels have been identified at $39.88 and $55.61, with resistance levels at $87.05 and $102.78.

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