💥💵 Solana Dominates Blockchain Activity in 2025

While the broader market corrects, #Solana is quietly (or not so) leading on-chain activity. Let’s break it down ⬇

📊 Current Price of $SOL : $185.01

(↓ -4.13% in 24h, pulling back after failing to hold above $190)

🔍 Key Fundamentals:

- Most active chain in 2025 by transaction count (yes, more than #Ethereum )

- Developer momentum is real - over 7,600 new devs joined in 2024 alone

- Use cases growing: from memecoins to DeFi, NFTs, and real-world assets

📉 Technical Picture:

$SOL is trading below EMA6/12/20 - short-term bearish zone

Local high: $253.67, key support: $180–170

MACD remains negative, suggesting bearish pressure is still present

⚖ My take:

Solana is building where it counts: speed, scalability, and dev activity. But price action still looks weak short term.

Watch for reclaim of $190–200 to flip momentum bullish again. If $180 breaks - next stop could be the $160s. DYOR 🧠
#SolanaVsEthereum