๐ Solana Update: Potential Upside Ahead๐
Despite a recent 15.5% dip from its $209 high, SOL is showing strong fundamentals:
Leading 2nd largest DEX ecosystem with $111.5B 30-day volume
TVL up 20% in 2 months, now at $12.1B, beating $BNB Chain
Top apps Kamino, Jito & Raydium each over $2B TVL
Network fees rose 22%, totaling $35.6M in 30 days
Institutional interest surges with $10.7B in SOL futures open interest
$2.8B in Solana ETPs and 7.3% staking yield boost optimism
US SEC approval for spot ETFs expected by year-end. Could SOL retest $200 soon?
โค๏ธ if youโre bullish on Solana
๐ if you see the upside coming
๐ฃ๏ธ Whatโs your $SOL price target?