Solana Price at $108.88 With 1.88 Million Active Addresses: The Chain Runs Stronger Than the Price

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Solana is quoted at $108.88 on Friday evening, 8.1 percent lower than a week ago. On the same day the chain is reporting 1.88 million active addresses, the highest level in 13 months. The Solana price stands at $108.88 on Friday evening, 5.5 percent lower than on Thursday, when we quoted it at $115.23. Over the week, 8.1 percent is missing. At the same time, the chain is reporting 1.88 million unique active addresses this Friday, the highest level in 13 months. Both hold true on the same day, and that gap is exactly the story: usage is picking up, the money is going out. What an investor in Germany can make of that depends on three quantities, which this article works through in turn: how robust the address count is, how much money the American spot funds actually withdrew in October, and which levels will carry the price over the coming days or let it break. Solana Price on October 9: $108.88, 97.19 Euros and a Weekly Loss of 8.1 Percent As of October 9, SOL is quoted at $108.8...