Following the challenges faced by FTX, the Solana (SOL) ecosystem is experiencing growth, particularly in the areas of DeFi activity and user engagement within the cryptocurrency industry. Despite concerns stemming from FTX's issues, there are signs indicating a potential recovery for Solana (SOL) in the market.

Currently, Solana (SOL) is trading between $142.09 and $172.31, with its 10-day moving average around $161.11 and the 100-day moving average at $134.6. Key support levels are identified at $124.89, while resistance levels are positioned at $185.34 and $215.56.

Given the market conditions and Solana's (SOL) apparent recovery, it may be wise to adopt a positive outlook. The continued expansion of the Solana network, coupled with the resurgence of DeFi activities, suggests a promising future for its market performance.