$SOL In the last 30 days, participants in the crypto market have transferred over 120 million dollars in liquidity to Solana from other blockchains, signaling renewed confidence in the network. Traders transferred the largest amount from Ethereum with 41.5 million dollars, followed by an inflow of 37.3 million dollars from Arbitrum, according to data from Debridge.

Meanwhile, users on Base, BNB Chain, and Sonic moved 16 million, 14 million, and 6.6 million dollars, respectively.

The return of liquidity to Solana presents a stark contrast to the recent challenges of the network and coincides with the return of double-digit price rallies of memecoins, as POPCAT, FARTCOIN, BONK, and WIF rose by 79%, 51%, 25%, and 21%, respectively, in the last seven days.