Solana Engagement Remains High Despite Price Consolidation

Solana user count and trading volume remain high, indicating strong engagement despite recent dips
RSI indicator shows balanced buying/selling activity, suggesting possible price consolidation
Total value locked in Solana DeFi hits $4B, first time in nearly 2 years, signaling renewed confidence
Number of daily Solana DEX traders hit record highs in March but has declined since, pointing to consolidation
Technical indicators like crossing EMA lines forecast short-term SOL price correction/consolidation around 20%