Solana Price Surge: Double-Digit Gains Expected Amid Developer Interest

Solana’s (SOL) price has surged past $150, fueled by strong on-chain metrics and rising developer interest. With its share of developer activity growing from 5.1% to 11.2% in 2024, Solana is becoming a popular platform for decentralized apps (dApps). Nearly 100 million active addresses on Solana highlight its growing user base, especially driven by meme coins.

Analysts predict more gains, with key resistance levels between $169 and $175 in sight. If SOL breaks through, it could see a 10% rally. However, if it drops below $146, a reversal to $127 is possible. Keep an eye on key indicators like the MACD and RSI for momentum shifts.

#Write2earn #Write2Earn! #Solana_Blockchain #Altcoins👀🚀 #solonapumping $SOL