Blockchain platform Solana has experienced a surge in user activity, with both daily active addresses and new addresses increasing. This follows a period of declining activity, which had caused its revenue to drop to a multi-month low. The rise in network activity is expected to drive up demand for Solana's native token (SOL), potentially leading to a double-digit price increase in the near term. The increase in user activity has also impacted network fees and revenue, which have seen a surge of 8% over the past week. SOL is currently trading at $141.06, with the potential to reach $188.52 if network engagement continues to grow. However, if user activity declines, SOL's price could drop below support levels.



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