Solana's SOL token is making waves, bouncing back 8% after a brief dip to $222. While some investors are still licking their wounds from its recent high of $263.80, onchain data hints at a sunny outlook. š
Despite a modest 1% gain from Nov. 20-27, Solana's fundamentals are flexing their muscles. The network's total value locked (TVL) skyrocketed 48%, outpacing BNB and Tron. Solana's DApp ecosystem is buzzing, with Jito, Jupiter, and Raydium leading the charge.
Meanwhile, SOL futures are on fire, with traders paying a 23% premiumāoptimism or just a caffeine rush? Either way, Solana's got room to grow!