Solana Price Doubles as Network Activity Crashes: Analysts Warn of Bearish Divergence

While Solana’s daily active addresses dropped more than 80%, the price of SOL still surged over 100%. This raises the question of whether SOL’s price rally is driven by trading sentiment rather than fundamentals. The article highlights analysts’ warnings about this divergence and the reasons behind it. Solana’s Network Activity Drops Sharply Over the Past Four Months Maksim, founder of Santiment, pointed out that despite the rising SOL price, network activity—including active addresses and network growth—has slowed source: https://beincrypto.com/solana-faces-price-network-activity-divergence/