🔶 #SOL – Solana Deep Dive
🌐 Key On‑Chain & Ecosystem Updates
**🚀 DEX Dominance**: Over the past 30 days, Solana’s DEX volume reached $64 B, surpassing Ethereum at $61 B, led by Raydium, Orca, and Pump.fun .
**📊 Chain-Wide Stats**: Handling nearly 4M daily active addresses, 90M transactions/day, and $3.3 B in daily DEX volume indicates robust network usage .
**💼 DeFi Value**: Total value locked (TVL) stands around $10–11 B, with transaction fees ~$23 M/day—a sign of sustained on‑chain activity .
**🏗️ Infrastructure Growth**: Real economic value (REV) consistently outpaces many rivals; with Solana generating more fee revenue than Ethereum and BNB combined in Q1 .
📉 Recent Price Action
SOL is trading near $195, down $215–220), suggesting a temporary pullback that may offer stronger entries.
Traders are watching the $190–205 zone—key support and near-term resistance.
📌 Discussion Points
1. Entry Strategy: Are you accumulating around $190–195 or waiting for a breakout above $200+?
2. Use Case Play: With DEX volume and fees so strong, is this a good long-term hold or short-term trade?
3. 🧭 Macro Driver: Will a potential Solana ETF (decision expected by October) catalyze a move back to $215–220?
Drop your setups, entry/exit levels, or thoughts! 👇
#SOL #Solana #BinanceTrading