<ul><li>Solana's daily active addresses are increasing significantly, despite the cryptocurrency experiencing a pullback in a broadening ascending structure.</li><li>Analysts suggest that Solana might bounce back towards the $190–200 target zone if it holds support at around $160 in the near term.</li><li>Ark Invest CEO Cathie Wood remains positive about Solana, emphasizing its resilience amid challenges like the Sam Bankman-Fried controversy.</li><li>Solana leads in daily active addresses and transaction volume, driven by its efficient ecosystem, low-cost, high-speed transactions, and a growing DeFi and meme coin presence.</li></ul>

Solana Leads in Daily Activity Despite Retracing in a Broadening Ascending Structure

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