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Solana Blockchain Sees Increase in User Activity From Happy Coin News

Happycoin.club – Blockchain records an increase in user activity, both existing and new. This situation is likely to affect the growth of the native SOL token.

Since October 5, the number of unique addresses on the Solana network has increased by 12%, which is a significant trend, especially compared to the previous drop in this indicator.

More users means more transactions, which increases the value of Solana. It is no coincidence that online commissions have increased by 8% over the past week.

The price of SOL is already following this trend, as it rose 3% overnight to $147. True, now this growth can be explained by recovering the exchange rate to the level of $ 63,000.

With the continued increase in user activity, the outlook for Solana is positive, but if this trend slows down, the indicator could fall below the support level at $133.58, with the risk of testing the $110 mark.

Read the original article on Happycoin.club

2024-10-12 16:43:00
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