Solana Shrimp Wallet Dem Hit Rekod High as Retail Activity and Network Revenue Dem Surge, Supporting Bullish Momentum
Solana (SOL) don reach one big milestone as di number of shrimp wallets (addresses wey hold at least 0.1 SOL) don pass 11.16 million—this na record high for di network. Dis increase for retail wallet activity show say grassroots adoption and network engagement dey grow, even as SOL price drop below $170 because of recent market wahala. Analysts say Solana dey run tops for blockchain sector wit weekly revenue, holding over 51% market share, and e dey beat networks like Ethereum, Bitcoin, Tron, and BNB. Technical indicators show mixed short-term momentum: even though bullish momentum dey, SOL’s RSI still moderate and MACD negative. Main resistance dey between $176 and $188; if e break wella above dis range, e fit start new bull run, maybe reach $200. Traders suppose dey watch solid wallet growth and resistance levels for better bullish chance, as history show say when activity for Solana network increase, e usually come before price recovery.
Bullish
Solana record growth for shrimp wallets, wey mean say more retail people dey join, dey provide strong foundation support for the network. Di blockchain lead for market share for revenue production dey show say e dey grow pass im big competitors. Even though SOL technical indicators show mixed short-term momentum (RSI neutral, MACD negative), steady wallet growth and breakout for key resistance fit trigger big bull phase. History data show say when network activity dey rise for Solana, na before price go recover. Traders suppose watch to see if wallet dey increase steady and resistance go break as sign for further price rise.