Solana (SOL) is facing significant sell-side pressure, with its on-chain activity and market interest dropping. It has lost its daily active addresses to a three-month low of 3.5 million, indicating fewer users engaging with it. SOL price dropped by 35.5% in the past month from $195 to $158, a sign of the reduced on-chain activity. A drop in active addresses signals reduced demand and typically makes the price lose value.
Solana’s decentralized exchange (DEX) volume has fallen to a four-month low of $1.5 billion, and stablecoin transfer volume has plummeted from $394 billion to $7.1 billion. These are indicators of a large investor migration to more secure platforms, likely out of fear of Solana’s network security.
As a result, SOL is feeling the heat, and the price has reached a three-month low. It can fall below $136 if the trend continues, but a bounce to the vicinity of $175 is possible if market sentiment improves. The future price movement of Solana depends on solving these issues and regaining the confidence of investors.
Could AI-Powered Cryptos Steal the Spotlight?
As Solana’s (SOL) recent troubles keep making headlines, others are seeking alternatives in new players on the block—AI cryptos. While Solana’s price keeps plummeting, AI cryptos like Ozak AI are making quiet ripples, offering something fresh that might just steal the spotlight.
As opposed to other cryptos, Ozak AI, powered by artificial intelligence, aims to widen scalability, security, and transaction speed—bugs that have haunted blockchain networks like Solana in recent months. With AI powering automation of functionalities, Ozak AI ensures smoother and more fluid transactions, making it a cut above other clogged blockchains.
The 3rd stage of the Ozak AI presale is ongoing, and the project is already making waves in the crypto community. With an impressive $700K raised so far, Ozak AI tokens are currently priced at just $0.003 each, with the next stage price set at $0.005. This early-stage opportunity is poised for significant growth, with projections suggesting that the token could reach $1 by 2025.
As Solana flails with reduced trade volumes and investor doubt, Ozak AI could be the revolution that crypto investors have been looking for. With a growing demand for more scalable, tech-savvy solutions, it’s easier to imagine that Ozak AI could become the next phenomenon in crypto.
conclusion
In a field full of volatility and rapid change, it’s exciting to think that the future of crypto might be fueled by artificial intelligence. If Ozak AI fulfills its promises, we may not be reading about Solana’s slide in the future but about the AI-led revolution taking over the blockchain world. Keep watching this space—Ozak AI might just be crypto’s next big thing.
About Ozak AI
Ozak AI is a blockchain-based crypto project that provides a technology platform that specializes in predictive AI and advanced data analytics for financial markets. Through machine learning algorithms and decentralized network technologies, Ozak AI enables real-time, accurate, and actionable insights to help crypto enthusiasts and businesses make the correct decisions.
For more, visit:
Website: https://ozak.ai/
Telegram: https://t.me/OzakAGI
Twitter : https://x.com/ozakagi
Disclaimer: This is a paid post and should not be treated as news/advice. LiveBitcoinNews is not responsible for any loss or damage resulting from the content, products, or services referenced in this press release.
