<ul><li>Solana's on-chain metrics show a significant decline in network activity, indicating fading investor and developer interest.</li><li>The Solana network has experienced a 60% drop in activity, with active addresses decreasing from 18.5 million to 7.3 million.</li><li>Whales, large SOL investors, are offloading their holdings, potentially leading to increased selling pressure on the market.</li><li>Despite the downward trend, analysts believe SOL could regain upside momentum, possibly reaching $1,000 in an upcoming bullish rally.</li></ul>

Solana’s On-Chain Metrics Show Significant Decline in Network Activity, A Temporary Slowdown Or Larger Trend?

Discover more