Solana Nears All-Time High in Monthly Users Despite Year-Long Price Stagnation

Description

Even though Solana (SOL) is witnessing a ranging market, the sixth-largest cryptocurrency based on market capitalization is witnessing an uptick in active monthly users as they edge closer to the all-time high (ATH) level of 160 million. Some of the key factors contributing to this surge include Solana’s broader ecosystem and developer engagement, thanks to the network’s high speed and ultra-low fees to the tune of $0.02. Solana is also known to experience a beehive of meme-coin activity, contri...