๐Ÿš€ Solana (SOL) is back in action, trading above $180 after a 16.3% gain this month! With Bitcoin flirting with its all-time high, Solana's onchain and derivatives data hint at even more gains. ๐Ÿ“ˆ

- Solana's total value locked (TVL) hit a 2-year high with 42.5 million SOL.

- Key players like Jupiter, Raydium, and Sanctum are boosting deposits.

- Solana is now the second-largest network in liquid TVL, trailing only Ethereum.

DEX volumes are soaring, with Raydium, Lifinity, and Phoenix leading the charge. Memecoins like Moo Deng and Goatseus Maximus are also on the rise.

Will SOL hit $200? Share your thoughts below! ๐Ÿ‘‡