Solana Price Targets $150 with Investor Activity Reaching 2-Month Peak
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Solana (SOL) has been performing well, with its price steadily rising to hit a monthly peak of $139, encountering resistance at $148. Breaking through this barrier could pave the way for SOL to surpass $150, pending continued investor backing.

Investor optimism is on the rise due to increased participation in Solana. The surge in active addresses over the past two months reflects growing interest and confidence in the blockchain, signaling a strong buy signal. More investors joining the Solana market could help sustain its upward momentum.

The uptick in network activity, paired with the price surge, is a positive sign. High active address counts often indicate investor trust, potentially leading to further price increases. If this trend persists, SOL may gather enough strength to breach the $148 resistance level and aim for $150.

While market sentiment remains strong, technical indicators like the MACD suggest a slight slowdown in Solana's bullish momentum. Monitoring the MACD histogram for any signs of diminishing buying pressure is advised. Despite these fluctuations, Solana still has room to grow, especially under favorable market conditions, which could trigger heightened demand from investors.

Solana is currently priced at $139, finding support at $136 and facing resistance at $148. The inability to breach this resistance could lead to a correction towards $123. Maintaining stability at the $136 level amid resistance at $148 will be crucial in determining SOL's future trajectory. Positive market sentiment and growing active addresses are expected to contribute to SOL's path towards potentially reaching $150 in the near future.

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