🌟 The series activity challenges the price – strength beneath the surface
Despite trading well below its peak, the fundamentals of the Solana network are at an all-time high:
Over 90 million active addresses (as of July 2025)
$11.6 billion total value locked (TVL) — up 6.2% from the previous month
🔸️ 2.44 billion monthly transactions, up 31% from the previous month
Conclusion: The growing gap between price and fundamentals indicates a potential undervaluation.
🔸️ However, the turnover ratio of 0.041 (trading volume to market capitalization) indicates relatively thin liquidity, which may lead to short-term volatility.
