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120,905 #SOL transfer from Unknown wallet
Worth of $ 20,399,501.00
Solana Price Rally Eyes $250 as Users Top 1 Million
A high momentum rally in Solana price backed by growth in network activity hints at the potential for further recovery
The Solana coin entered an aggressive recovery trend in late february when the price rebounded from $95.5 support. This bullish rally uplifted the coin value 86% within three weeks to currently trade at $183.
Mirroring its price rally, the Solana network has demonstrated remarkable growth in user activity, with the count of active addresses soaring from a low of 660,000 on February 26th to a record high of 1.04 million. This significant increase in active addresses indicates enhanced user involvement and increased attraction to Solana.
With an intraday growth of 2.32%, the SOL price is gradually heading north walking the path paved by the cup and handle pattern. If the chary setup holds true, the SOL price is expected to surge another 38% and hit the potential target of $250
