Key control
Solana leads all block chains with 65 million transactions and rates that exceed $ 1.2 million. The user activity slides as monthly active users fall to a minimum of three months, with weakening retention.
Solarium [SOL]The fifth largest cryptocurrency for market capitalization at $ 134 billion, faces pressure from various chain activities that reveal strengths and weaknesses.
Although a data segment highlights a strong performance chain, which supports the profit of 25% solana in the last month, the increase may not last and that a reversal could follow the next negotiation sessions.
Ambcrypto analyzed the possibilities of Solana and his short -term short term perspective.
Solana leads other market segments
According to a recent report to be invested, Solana led other blockchains in several key performance segments in the chain.
The data reveal that more than 65 million transactions were recorded in the chain in the space of a week, significantly improving the base, which occupied the second place with only 10-12 million transactions.
Source: Be invested
The chain also led the rates generated during this period. Solana registered $ 1.2 million in rates, creating a $ 200,000 gap on Ethereum [ETH]that reached a second place.
Arbitra [ARB] and Hyperbridge completed the upper list, although its volumes and transaction rates remained extremely minimal compared to Solana.
Ideally, this level of domain should confirm the growing demand for sun and strengthen your price perspective. However, user activity data suggest otherwise. This is what Ambcrypto found.
It is not a green light for the price
The route is not completely optimistic for Solana, with user activity data that shows a weaker impulse that transaction numbers imply.
For example, on the last day, monthly active users in the chain fell to a minimum of three months. At the time of publication, only about 72.4 million users had interacted with the network this month.
Source: Artemis
The retention has followed the same way down. Users who return fell to 1.5 million on the last day, according to Artemis. This shows that the retention has gradually decreased when the general interaction of the user weakens.
Given the increase in transactions last week along with the reduction of user numbers, the increase may have been driven by sales as users left the network instead of sustained organic activity.
Chain financing is still strong
Despite weakening user retention, chain financing activity points to a different vision.
Total Bridge Netflow Data, which tracks the capital movement in all chains, suggests that investors from other networks are still changing funds to Solana.
Only on the last day, Solana registered the second largest Netflow Bridge, with $ 7.7 million aggregates of cross -chain investors.
Source: Artemis
This flow could imply that investors consider that Sol is undervalued in its press time price of $ 249 and wait more upwards in the next few days.
Sol remains approximately 16% below its historical maximum of $ 294, reached in January, according to Coinmarketcap.
The sustained entries of bridge investors could help exceed the price, potentially crossing the key psychological threshold of $ 300 that has not yet recovered.
