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Solana (SOL) Bullish Momentum Accelerates as Whale Activity and On-Chain Metrics Surge

  • Solana's bullish momentum is accelerating, with the price approaching key resistance at $145 and showing over 40% monthly gains.
  • Whale and institutional activity has increased, including Galaxy Digital's $79M stake, highlighting long-term confidence in the Solana network.
  • Traders remain cautious, with mixed signals in derivatives markets, focusing on whether SOL can decisively close above $145 for a push toward $180.
  • Solana's on-chain metrics, such as active addresses and total transactions, indicate a promising future and growing adoption of the network's decentralized finance and non-fungible token ecosystems.

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