Solana (SOL) could be poised for a breakout above $200. Analysts and Santiment data highlight that renewed network growth will be key to surpassing this resistance. Network growth has historically fueled Solana’s rallies, suggesting that renewed on-chain activity could support a fresh price move for SOL.
Renewed on-chain activity gains traction could push SOL through near-term resistance and spark the next leg higher, according to analysts and Santiment data. The emphasis on network growth aligns with Solana’s historical rallies, suggesting a fresh price move could unfold if on-chain momentum persists. Investors should monitor key on-chain metrics and development activity to gauge the sustainability of this momentum, as sustained growth would bolster the case for a continued breakout.
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