Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by Solana blockchain and the retail trading debut of Grayscale’s Solana Trust shares.
The developments along with bullishness in the broader market, boosted the price of SOL by 29.05% from April 11 to a monthly high of $26.03.
Solana daily active accounts and number of transactions. Source: NansenNFT trading volumes on Solana marketplaces. Source: NansenSmart money revenue (blue), spending (red), and net money flow (green). Source: NansenOpen Interest volume for SOL futures contracts. Source: coinglassFunding rate for SOL perpetual swaps. Source: CoinglassSOL/USD price chart. Source: TradingView
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