🚀 Solana (SOL) rises 5.3%, trading above $167, alongside BTC reaching $70,550. The target many traders are aiming for is $200!

🔍 On-chain data and derivative markets indicate that SOL may continue to rise in the short term.

📈 Solana leads in DEX trading volume, surpassing Ethereum with $11.86 billion/week. Low fees are not enough to compete with Solana!

💰 Solana's transaction fees reach $20.5 million/week, close to Ethereum's $22.6 million, despite ETH's TVL being 8 times larger.

📊 Solana's TVL increased by 38% in 3 months, staking SOL provides a yield of 6.5%, higher than ETH and BNB Chain.

📉 SOL inflation decreased to 5.4%, increasing returns for staking participants.

🤔 The SOL futures market shows a neutral sentiment, but there is still potential for price increases.

🗳️ Don't forget to monitor the results of the US elections and Jerome Powell's speech on 7/11!

👉 What do you think about the future of Solana? Share your thoughts!