Solana Wallet Growth Signals Bullish Breakout: Network Activity Hits 2025 High

Solana's network health just flashed its strongest signal yet—active wallets surged 40% month-over-month, smashing through resistance levels that trapped bulls all quarter.

The Layer 1 chain now processes transactions at 65% of Ethereum's daily volume but with 1/10th the gas fees. Retail's back in force, with SOL's price reacting accordingly—up 28% since June's institutional inflows began.

Market makers are circling. Three major exchanges quietly added SOL futures last week, while the asset's open interest suggests whales are accumulating rather than trading. 'This isn't DeFi summer nostalgia,' quips a hedge fund PM. 'It's what happens when you combine memecoin degenerates with actual infrastructure.'

Watch the $140 resistance level. Break that, and we're likely seeing the start of Q3's first altseason.