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Solana Poised for Massive Rally as On-Chain Activity Surges to 4.51M Active Addresses

2026-07-01 09:22:20

SOL2.87%

Pseudonymous trader Cheds says Solana (SOL) is primed for a major breakout as on-chain activity accelerates. According to Cheds, if SOL gains more than 6% from current levels, it would confirm a bullish trend, with $78 representing a key support level flip for a long thesis.

Analytics firm Santiment reported that Solana's active addresses jumped to 4.51 million since Saturday, marking the network's strongest stretch since February, driven by surging activity in tokenized equities and retail-friendly applications. SOL was trading at $73.60 at time of writing, down 1% on the day.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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