Solana (SOL) has been struggling to regain support at $200 despite surpassing Ethereum in terms of demand. Its Hot Realized Cap reached $9.5 billion, more than double that of Ethereum, indicating sustained investor interest in Solana. However, the slower growth in realized cap suggests a bearish short-term outlook as Solana's network activity has not kept pace with its rising demand. Solana's price is currently at $185, facing resistance in breaking above $200. Losing support at $175 could expose the altcoin to a correction, while a positive market could trigger a rally towards $221 or higher.



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