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Solana Price Prediction: Is SOL About to Hit $200 Again As Transaction Volumes Explode?
Solana (SOL) is the laggard of the top 5 in the past 7 days as the token lost 5.7% of its value during this period and currently stands at $177.7. In contrast, both Ethereum and BNB Coin (BNB) have booked a 1.6% and 2.7% gain even though on-chain data indicates that Solana’s transaction volumes have been rising for six consecutive weeks. According to data from Artemis, weekly transactions jumped from 674.3 million during the week ended on June 9 to 816.1 million as of last week – a 21% increase. This is a clear indication that network usage has been rising, possibly as competition in the meme coin space between ... (full story)
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