<ul><li>The Solana network has experienced a significant spike in transfer volume, reaching a new all-time high of $318 billion.</li><li>The surge in transfer volume reflects Solana's increasing popularity due to its fast and low-cost transactions, as well as the growing interest in decentralized apps and projects on the network.</li><li>The rise in transfer volume is accompanied by a surge in decentralized exchange (DEX) volume, indicating the rising need for decentralized operations and user engagement on the Solana network.</li><li>Analysts predict that SOL's bullish momentum could lead to a move towards $400, driven by a Cup and Handle formation on the monthly chart.</li></ul>

Solana On-Chain Activity Skyrockets As Transfer Volume Hits Record-Breaking Heights

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