Crypto Prediction: Solana (SOL) Eyes $190 Amid Rising Network Activity

Solana (SOL) has recently surged past the $180 mark, reaching an intraday high of $183.72. Currently trading around $174.49, this movement is underpinned by significant increases in network activity. 

Key indicators:

• Active Wallets: Doubled in the past five days, signaling heightened user engagement.

• Transaction Volume: Increased from $126.46 million to $163.09 million between October 24 and October 29.

• MACD Indicator: Displays green histogram bars above the neutral line, indicating positive momentum.  

Analysts suggest that if this momentum continues, SOL could target the $190 level,representing a potential 9% gain from current prices. 

What are your thoughts on SOL’s trajectory? Share your insights below.#CryptoRegulation #CryptoCPIWatch