Solana price held firm above the $180 support level on Thursday, as the downward crypto market volatility intensified. On-chain data shows social media discourse surrounding Solana has been on the rise since October 2024. Technical indicators suggest that a failure to close below $190 could put bulls back in control of the short-term SOL price momentum.
Solana Social Dominance | Source: Santiment According to Santiment data, Solana’s social dominance has continued to trend at unusually high levels, despite the recent price pullback. The chart reveals a 30% increase in Solana-related social activity since October 2024. Solana's growing popularity appears to be driven by the advent of the “Crypto AI Agent” narrative.
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