Solana Network Daily Activity Surges to 3 Million in September, Analysts See SOL Rising to $160-180 Range in October Ryan Lee, principal analyst at Bitget Research, said he expects Solana's bullish

Ryan Lee, principal analyst at Bitget Research, said he expects Solana's bullish sentiment to outweigh bearish sentiment in October, potentially rising to the $160 to $180 price range, given current market sentiment, increased activity and continued development of the Solana ecosystem, as well as important partnerships. Lee said Solana's $110 support level has shown robustness during market downturns, including the liquidation event in early August. He also emphasized that Solana has been at the top of the list during the recovery phase for high-cap tokens. In addition, Meme coins in the Solana ecosystem have also shown strong growth and have been one of the strongest tracks during the rebound. 
According to Onchain data, the number of daily active addresses on Solana increased dramatically in September, with Zeta Markets founder Tristan Frizza stating that Solana now averages more than 3 million daily users, compared to just under 1 million in previous months. This increase in activity is likely driven by a combination of interest in Solana as a whole, trends such as Meme Coin, and the involvement of celebrities and creators like Iggy Azalea, which have attracted retail interest in the ecosystem. (The Block)