22 March 2025
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Solana Surpasses 11 Million Addresses as Adoption Reaches All-Time High
Solana's price is projected to potentially reach $200 due to an increase in network users and adoption.
- Over 11 million addresses currently hold Solana’s SOL token, setting a new record.
- This growth reflects increased activity and confidence in Solana's long-term prospects.
- Futures ETFs for Solana are expected to attract more institutional investment and enhance visibility.
- The price briefly surged above $136 after the launch of these ETFs.
- Growing institutional interest suggests trust in Solana's technology and future, which may stabilize prices and support growth.
- Analysts predict that the combination of a larger user base and institutional entry could lead Solana's price towards the $200 mark.
Continued monitoring of Solana's performance and ecosystem developments is essential for investors.