bullish

Solana

Drops

Daily

Divergence

<ul>
 <li><strong>Solana price reached an all-time high of $262.56, while daily transactions dropped to 64 million.</strong></li>
 <li><strong>Daily transactions on Solana fell from 125 million to 64 million since July 2025.</strong></li>
 <li><strong>The surge in Solana’s price contrasts with a nearly 50% drop in transaction activity.</strong></li>
</ul>
<p>Solana (SOL) has had a strong price runup with a new all-time high (ATH) price of $262.56. The increases in price are opposite to a fall in network activity raising doubts as to the sustainability of the increases in price.</p>
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<p>According to <a href="https://cryptoquant.com/" target="_blank" rel="noopener noreferrer nofollow">CryptoQuant’s</a> data, the daily transaction volume reached its peak of approximately 125 million on July 24, 2025. Since then it has dropped sharply by nearly 50% with current transaction volumes averaging around 64 million.</p>
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   <p>Solana Chart Analysis: A Nearly 50% Drop in Transactions Amidst Price Rally<br><br>“The daily transaction volume has plummeted from its peak of approximately 125 million on July 24, 2025, to a current level of around 64 million.” – By <a href="https://twitter.com/CryptoOnchain?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@CryptoOnchain</a> <a href="https://t.co/8MgIAb8p9i" rel="noopener noreferrer nofollow">pic.twitter.com/8MgIAb8p9i</a></p>— CryptoQuant.com (@cryptoquant_com) <a href="https://twitter.com/cryptoquant_com/status/1976202645674311803?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 9, 2025</a>
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<p>This lack of price-network interaction is becoming problematic in the crypto community. Solana prices are steadily rising, but the reduction in transactions indicates that there is no supportive underlying network activity to sustain the long-term price growth.</p>
<h2 class="wp-block-heading" id="transaction-volume-decline-raises-concerns">Transaction Volume Decline Raises Concerns</h2>
<p>The <a href="https://coincryptonewz.com/sorare-migrates-to-solanas-fast-blockchain/" target="_blank" rel="noopener noreferrer nofollow">transaction volume</a> is decreasing alongside the price surge. Price is high and the volume of transactions is declining and the number of people transacting through the network is also reduced.&nbsp; As you can see in the chart, transaction volume peaked at 125 million on July 24, 2025 and since then it’s down to 64 million, that’s a big drop.</p>
<p>A decrease in network activity can be a sign of lower adoption or engagement, which can impact the token’s long-term value. Solana’s price increase is big but it might not be sustainable if the network doesn’t see the same increase in adoption and usage.</p>
<h2 class="wp-block-heading" id="solana-s-price-and-rsi-a-potential-divergence">Solana’s Price and RSI: A Potential Divergence</h2>
<p>Solana has seen its price skyrocket by approximately 63.63%, rising to $312, compared to a previous price of roughly $229. This rally is after the violation of major resistance levels. Simultaneously, Relative Strength Index (RSI) shows a bullish tendency.</p>
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 <img width="1024" height="520" src="https://coincryptonewz.com/wp-content/uploads/2025/10/image-191-1024x520.png" alt="">
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  <strong>Source: TradingView</strong>
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<p>However, there is a slight divergence between the price and RSI, suggesting potential overbought conditions. The price continues to follow an upward trajectory, but with caution. RSI levels nearing overbought territory may indicate that the market is soon to enter a consolidation or retracement phase.&nbsp;</p>
<p>Traders will closely monitor the Solana price trends and RSI levels in the coming weeks. Currently the price of the coin is held in upward directions and above significant levels such as $180 that can serve as a cushion during market corrections.</p>
<pre class="wp-block-preformatted"><em>Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.</em></pre>
<p>&lt;p&gt;The post <a rel="noopener noreferrer nofollow" href="https://coincryptonewz.com/solana-hits-262-56-but-network-activity-drops-by-nearly-50/">Solana Hits $262.56 But Network Activity Drops By Nearly 50%</a> first appeared on <a rel="noopener noreferrer nofollow" href="https://coincryptonewz.com">Coin Crypto Newz</a>.&lt;/p&gt;</p>

Solana Hits $262.56 But Network Activity Drops By Nearly 50%

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