{"id":20557,"date":"2026-01-24T09:53:53","date_gmt":"2026-01-24T09:53:53","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-prediction-as-network-fees-transactions-and-users-soar\/"},"modified":"2026-01-24T09:53:58","modified_gmt":"2026-01-24T09:53:58","slug":"solana-price-prediction-as-network-fees-transactions-and-users-soar","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-prediction-as-network-fees-transactions-and-users-soar\/","title":{"rendered":"Solana price prediction as network fees, transactions, and users soar"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Solana price lost the recent momentum and slipped to the lowest level since January 2nd despite having some of the best on-chain metrics.<\/p>\n<div id=\"cn-block-summary-block_da4d20d5d1ea20b873fb0b9d0d744f29\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Solana price has pulled back in the past few days, reaching its lowest level since January 2.<\/li>\n<li>The network\u2019s transaction growth and fees have accelerated in the past few days.<\/li>\n<li>Technical analysis suggests that the SOL price may rebound soon.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Solana (SOL)\u00a0 token dropped to a low of $127, down by 15% from its highest level in January this year. It has also plunged by 50% from its highest point in 2025.<\/p>\n<p>Data compiled by Nansen shows that Solana\u2019s network is firing on all cylinders, making it one of the best-performing players in the industry.\u00a0<\/p>\n<p>The network handled over 2 billion transactions in the last 30 days, much higher than other popular layer-1 and layer-2 networks combined. For example, Ethereum and BSC Network handled over 63 million and 438 million, respectively.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Solana\u2019s number of users continued rising in the last 30 days. Active users jumped by 34% to 81.2 million in the same period. Additionally, the network fees rose by 42% to over $20 million.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\"><em>Solana active addresses | Source: Nansen<\/em><\/figcaption><\/figure>\n<p>This growth happened as the decentralized exchange volume and stablecoin volume remained steady. Solana\u2019s DEX protocols handled over $107 billion in volume, higher than Ethereum, Base, and BSC, combined.<\/p>\n<p>Also, Solana\u2019s stablecoin <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.artemisanalytics.com\/asset\/solana?from=assets&amp;tab=stablecoins\" target=\"_blank\" rel=\"nofollow\">transaction volume<\/a> jumped to over $312 billion as the transaction count soared to over 260 million. There are over 4.5 million stablecoin addresses in Solana\u2019s ecosystem.<\/p>\n<p>Solana\u2019s growth will likely continue growing in the coming years as developers work on the much-anticipated Alpenglow upgrade, which will boost its performance significantly.<\/p>\n<h2 class=\"wp-block-heading\">Solana price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"3574\" height=\"2022\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/01\/1769248433_412_Solana-price-prediction-as-network-fees-transactions-and-users-soar.webp.webp\" alt=\"solana price\" class=\"wp-image-14446554\"><figcaption class=\"wp-element-caption\">SOL price chart | Source: crypto.news\u00a0<\/figcaption><\/figure>\n<p>The daily timeframe chart shows that the SOL price has retreated in the past few days, moving from the year-to-date high of $148 to the current $126.<\/p>\n<p>A closer look shows that Solana has formed a bullish chart pattern, pointing to an eventual rebound. It formed an inverted head-and-shoulders pattern and is now at the right shoulder.<\/p>\n<p>The token has also formed a cup-and-handle pattern, and is now at the right shoulder section.\u00a0<\/p>\n<p>Therefore, the most likely scenario is where it rebounds in the coming weeks, potentially to the year-to-date high of $148. A move above that level will point to more gains, potentially to the psychological level at $200.<\/p>\n<p>However, a drop below the key support level at $118 will invalidate the bullish outlook and point to more downside in the near term.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana price lost the recent momentum and slipped to the lowest level since January 2nd despite having some of the best on-chain metrics. Summary Solana price has pulled back in&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20557"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20557\/revisions"}],"predecessor-version":[{"id":20558,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20557\/revisions\/20558"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/13616"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}