Solana (SOL) has recently pushed toward the $144 mark, now confronting a significant resistance barrier at $145. The burning question for traders: can we break through? That's where network revival becomes critical.



Here's what matters—new wallet creations are still running below November 2024 levels. This metric often signals user adoption and ecosystem health. Without a meaningful pickup in on-chain activity, momentum could easily stall at resistance.

The setup is interesting: price is right there, but the underlying fundamentals lag. If SOL manages to reignite developer and user participation—reflected in wallet growth and transaction volume—the path toward $145 and beyond opens up. Otherwise, expect the current level to act more as a ceiling than a launchpad.

Keep an eye on both the technical levels and network activity data. Markets don't move on price alone.
SOL2.97%
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ForumLurkervip
· 3h ago
In simple terms, if the wallet growth can't increase, breaking the level is pointless. Just looking at the price is useless; you need to see if real money is flowing into the chain.
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MoneyBurnerSocietyvip
· 4h ago
It's the same story again, the price is knocking on the door but on-chain data is a mess. I bet five bucks that this time it will once again be a contrarian indicator.
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PaperHandsCriminalvip
· 4h ago
It's the same story again. The price has reached but the ecosystem hasn't kept up, just like every time I chase the high, I end up like this... Wallet growth is still below November levels. How can I break through 145?
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WagmiWarriorvip
· 4h ago
The number of wallet creations is still below November, and this data doesn't add up... Just looking at the price increase isn't enough.
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