$USDC The rise in the price of SOL to $200 is on the horizon, but three key catalysts must occur first.

The price of SOL has decreased due to stagnant growth of DApps and declining enthusiasm around memecoins, but distinguished RWAs and ETF approval could reverse the trend.

The rise in the price of SOL to $200 is on the horizon, but three key catalysts must occur first.

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Key points:

Solana DApp activity has stagnated due to declining interest in memecoins.

TradFi assets and distinguished RWAs could revive SOL's long-term growth potential.