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Is the "Solana Summer" Finally Here?

TheMotleyFool

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Is the "Solana Summer" Finally Here?: https://g.foolcdn.com/editorial/images/878330/investor-looks-out-window-while-pondering-and-holding-phone.jpg

Solana (CRYPTO: SOL) just did something it had never done before. In the week ending July 6, it cleared more than 1 billion non-vote transactions, and its count of weekly active wallet addresses jumped from 16.8 million to 29.7 million over just the prior two weeks.

That massive influx of users and activity is spurring some investors to wonder whether the chain's explosive "Solana Summer" of 2021 might return in 2026. If this really is another summertime surge for Solana, it won't be priced at its current discount for much longer.

Image source: Getty Images.

Source Fool.com