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Solana Network Activity Grows As 11M Wallets Now Hold 0.1 SOL Or More – Analyst

  • Solana has surged over 22% in response to bullish momentum in the broader crypto market, mirroring Bitcoin and Ethereum's upward movements.
  • There has been significant growth in the number of wallets holding 0.1 SOL or more on the Solana network, reaching 11.04 million in the past two weeks.
  • Solana is currently consolidating just below the $181 resistance level, with potential for a strong breakout if bullish momentum continues.
  • The crypto market is witnessing a strong recovery, and Solana's rally may be indicative of a larger bullish phase with promising upside potential.

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