Solana's ecosystem has experienced strong user growth, with high daily active addresses and on-chain transactions. The blockchain's robust stablecoin infrastructure supports DeFi, payments, and trading applications that generate sustainable fee revenue. This maturity beyond basic blockchain infrastructure suggests Solana is expanding its capabilities.
The SuperTrend buy signal on the 3-day chart indicates a potential bullish momentum for Solana's price, with a predicted target around $100. However, it's essential to note that much of the fee revenue occurs at the application level and does not directly benefit the SOL token.