SOL has pushed up to $144 and is eyeing that $145 resistance level. But here's the thing—whether it actually breaks through depends a lot on whether the network can shake off the recent slowdown. New wallet creation has dropped noticeably compared to what we saw back in November 2024. So the real question is: can SOL regain that on-chain momentum, or will this price rally run out of steam without fresh network growth backing it up?
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ChainDetective
· 01-15 03:41
On-chain data is the real truth; price fluctuations are just clouds. The decline in SOL wallet creation is a much more important signal than the $145 resistance level. Feeling like it's going to cool off.
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DEXRobinHood
· 01-14 00:31
The decline in wallet creation numbers is indeed a serious issue; raising prices alone won't help.
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SybilSlayer
· 01-12 23:43
The wallet addition didn't keep up; just increasing the price is meaningless... The real highlight is whether on-chain activity can pick up.
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alpha_leaker
· 01-12 23:40
Breaking below 145 still leads to a pullback; the key is whether on-chain activity can pick up... Currently, the number of new wallets created is sharply declining, which is a bit risky.
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TommyTeacher1
· 01-12 23:40
Wallet creation decline? That's the real problem. No matter how sharply prices rise, it's useless without fresh blood entering.
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NotFinancialAdvice
· 01-12 23:33
Wallet data is failing, and the price only goes up a little...
SOL has pushed up to $144 and is eyeing that $145 resistance level. But here's the thing—whether it actually breaks through depends a lot on whether the network can shake off the recent slowdown. New wallet creation has dropped noticeably compared to what we saw back in November 2024. So the real question is: can SOL regain that on-chain momentum, or will this price rally run out of steam without fresh network growth backing it up?