$SOL #sol CryptoQuant:

#solana ’s daily transaction volume has dropped sharply from the ~125 million peak on July 24, 2025 to the current ~64 million. This nearly 50% slide in on-chain activity coincided with a significant SOL price rally. This supports the view that the recent price surge may be driven more by market sentiment and speculative activity than by sustainable, organic demand growth for the Solana network.

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