Solana Soars Amid Market Freeze as Bitcoin Recovers Slowly

Solana has reached an all-time high in onchain activity, bucking the trend of market freeze. According to recent data, Solana's onchain activity has surged despite the broader market downturn.

The news comes as Bitcoin attempts a steady recovery towards $65,000, but altcoins are posting minor gains only. Dogecoin is also showing signs of improvement, with its weekly active addresses climbing 16%.

However, Bitcoin's price action remains uncertain, having rebounded from $62,200 but failing twice inside the $62,000-$64,000 range. The control between buyers and sellers remains unresolved.