Solana price action near $144 as sellers test the $145 zone. What's catching attention though—network momentum appears to be cooling off. Wallet creation cratered from 30.2M weekly back in November to just 7.3M now, according to on-chain tracking. That's a pretty steep drop. The question traders are wrestling with: is this just natural consolidation after a run, or a real red flag for ecosystem adoption? Either way, the data mismatch between price strength and slowing user growth is worth watching closely.
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ShadowStaker
· 4h ago
ngl, the wallet creation cliff is way more concerning than price action rn... 75% drop in weekly onboarding? that's not consolidation, that's a red flag wrapped in hopium
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gas_fee_therapist
· 15h ago
Wallet creation volume plummeted by 75%? This data is a bit alarming. Prices are rising, but it feels like no one is willing to step in and buy.
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ImpermanentPhilosopher
· 15h ago
Wallet creation volume plummeted by 75%? These numbers look a bit scary... The price is still around $145, expanding its territory, but there's no one below, feels a bit fake.
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BlockchainArchaeologist
· 15h ago
Wallet creation volume drops by 75%... This data isn't looking good, feels a bit cold
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Price is holding at $145 but new users are gone, isn't this just hype?
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Wait, wallets dropped from over 30 million to 7 million? What the heck, this indicates a big problem
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It's another case of price vs on-chain data conflicting, I'm tired of SOL's套路
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Is it true? The ecosystem is the real king, right now everyone is showing off market trends, who cares about actual users?
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$144 stepping down, but I'm more concerned about what this 7.3 million means...
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Consolidation? I think the ecosystem is withering, stop fooling yourself
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By the way, why are warnings like these always ignored?
Solana price action near $144 as sellers test the $145 zone. What's catching attention though—network momentum appears to be cooling off. Wallet creation cratered from 30.2M weekly back in November to just 7.3M now, according to on-chain tracking. That's a pretty steep drop. The question traders are wrestling with: is this just natural consolidation after a run, or a real red flag for ecosystem adoption? Either way, the data mismatch between price strength and slowing user growth is worth watching closely.