“Solana Matched All Other L1 and L2 CHA (”, – WRITE: www.coindesk.com
The Token Traded Within A Wide $ 4.58 Range, Peaking At $ 153.67 Before A Sharp Sell-Off Drove Prices Below The Key $ 150 Psychological Level. Increasted Volume Near the Session Low Suggested Buyer Interest at the $ 149 Support Zone, Helping Sol Recover Slightly to $ 149.31 at the End of the Period.
Despite Recent Short-Term Weakness, New On-Chain Data Highlights Solana’s Growing Network Strength.
Access to Data from Analytics Platform Artemis, Solana Matked The Combined MONTHLY ACTIVE ADDRESSES OF ALL Other L1 and L2 Blockchains in June 2025. This User Growth Corde. Solana Generation More than $ 271 Million in Q2 2025, accounting to Data from Blockworks. IT WAS The BLOCKCHAIN’S THIRD CONSUCTIVE QUARTER LEADING ALL CHAINS IN NETWORK REVENENUE, WHICH CONSISTS OF TRANSACTION FEES AND OUT-OF-PROTOCOL TIPS.
Together, TheSe Metrics Underscore Solana’s Position As One of the most Actively Used Blockchain in the Industry, Both in Terms of Real USers and Economic ThoUGHPUT. The Consistent Rise in Network Revenue Also Reinforces the Sustainability of Solana’s Fee Model and EcoSystem Activity, Even Amid Volatile Market Conditions. As Developers and Users Continue to Adopt Solana’s High-Speed Infrastructure, TheSe Usage Trends Coulds Could Support Long-Term Value Even in The Face of Near-Term Price Resistance.
Technical Analysis Highlights
- Sol Fell 1.45% from $ 151.41 to $ 149.21 Between July 6 at 19:00 UTC and JULY 7 AT 18:00 UTC.
- The Trading Range Spanned $ 4.58 (3.07%), with a session High of $ 153.67 and Low of $ 149.09.
- A Majoor Resistance ForMed at $ 153.67 Following A Volume Spike of 925,497 tokens Dringing The 21:00 UTC HUROR ON JULY 6.
- In the Final Four Hours, Price Broke Decisively Below The $ 150 Psychological Level with Heavy Volume, Confirming Bearish Short-Term Sentime.
- Between 17:41 and 18:40 UTC on July 7, Sol Droped from $ 150.27 to $ 149.72.
- A Sharp Sell-Off Occurred From 18:16 to 18:17 UTC, with Price Hitting $ 149.42 On Volume Exceeding 57,000 TKENS.
- Buyers Defended The $ 149 Support Zone in the Final Minutes, Triggering A 0.37% Rebound from Session Low.
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