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?

SOL-1,51%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ChainDetectivevip
· 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.
View OriginalReply0
DEXRobinHoodvip
· 01-14 00:31
The decline in wallet creation numbers is indeed a serious issue; raising prices alone won't help.
View OriginalReply0
SybilSlayervip
· 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.
View OriginalReply0
alpha_leakervip
· 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.
View OriginalReply0
TommyTeacher1vip
· 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.
View OriginalReply0
NotFinancialAdvicevip
· 01-12 23:33
Wallet data is failing, and the price only goes up a little...
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)