Solana Price Drop Ignites Stronger Demand for $150 Target

Solana's recent price drop of over 7% to $102 has not deterred investors, as indicated by increased demand and growth in its network.

According to analyst Ali Martinez, Solana saw an average of 9.5 million new addresses per day over the past week, a signal of adoption that has historically preceded major rallies.

Larger investors are also showing interest, with wallets holding at least 10,000 SOL increasing by 1.58% after adding 52 new whale wallets to the network.