Data from Artemis Shows Solana Ties With All Other Networks Combined in Active Users Each Month.

Solana Matches Entire Blockchain Sector in Active Users, Remains Revenue Leader Despite Price Dip

Solana (SOL) slipped modestly over the past 24 hours, declining 1.45% from $151.41 to $149.21 between July 6 at 19:00 UTC and July 7 at 18:00 UTC, according to technical data from CoinDesk Research. Over the same stretch, the broader CoinDesk 20 Index eased 0.56%, signaling a cautious tone across crypto markets.

During the period, SOL fluctuated within a $4.58 range, hitting a high of $153.67 before selling pressure forced a drop below the $150 threshold. However, higher trading volumes near session lows indicated persistent buying interest, helping SOL recover slightly to $149.31 by the end of trading.

While price action remains restrained, Solana’s ecosystem continues to show impressive strength.

New figures from blockchain analytics platform Artemis revealed that in June 2025, Solana’s monthly active addresses equaled the combined total of all other Layer 1 and Layer 2 blockchains—a milestone reflecting surging engagement.

At the same time, Solana logged record network revenue exceeding $271 million in Q2 2025, according to Blockworks data. This achievement marks the third consecutive quarter in which Solana has led all blockchains in revenue generated from transaction fees and out-of-protocol tips.

These metrics highlight Solana’s growing prominence, cementing its reputation as one of the most utilized and economically sustainable blockchains in the sector. Sustained user activity and network revenue could offer a solid foundation for SOL’s long-term value, despite the recent price pullback.

Technical Analysis Highlights

• SOL fell 1.45% from $151.41 to $149.21 between July 6 at 19:00 UTC and July 7 at 18:00 UTC.
• The token traded across a $4.58 band (3.07%), with a peak at $153.67 and a low at $149.09.
• Resistance emerged at $153.67, accompanied by a volume surge of 925,497 tokens during the 21:00 UTC hour on July 6.
• SOL slipped below the $150 mark during the final four hours of trading, hinting at short-term bearish sentiment.
• Between 17:41 and 18:40 UTC on July 7, SOL dropped from $150.27 to $149.72.
• A sharp sell-off from 18:16 to 18:17 UTC pushed prices to $149.42 amid trading volumes exceeding 57,000 tokens.
• Buyers stepped in around $149, sparking a mild 0.37% rebound from session lows to close out the period.