Why SOL’s price is stagnant despite Solana’s thriving activity

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Why SOL’s price is stagnant despite Solana’s thriving activity
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Solana surpassed all other networks by leading in daily active addresses with over 4 million and daily transactions of about 86 million.

Solana surpassed other networks, leading in daily active addresses with over 4 million, and daily transactions of about 86 million.Solana

The many transactions indicate widespread adoption of this blockchain, which contributed to the growth of its ecosystem by drawing developers. The total supply of 138.2B in 2024 included Ethereum with 75.3B, Tron with 48.5B, and Solana at 2.3B. Higher trust and improved utility of Solana together create a positive effect that magnetizes additional DeFi projects and user engagement.

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