Activity in the Solana network and DeFi suggests that the price of SOL would continue to rise
The increase in TVL and Solana's fees support a possible price rebound to 200 dollars. It surged 24.8% between May 6 and May 10, following the general rally of the altcoin market after Bitcoin surpassed 100,000 dollars.
Since then, SOL has struggled to stay above 180 dollars, but derivatives and on-chain data still suggest that more gains are on the horizon.