Can SOL Maintain Momentum After 23-Month High, or Is It Hype-Driven? 😏

#SOL is on fire, soaring to a 23-month high! But is this just a fleeting fling or a sign of true love?

The token's price surged 34.5% in a week, fueled by a surge in demand for #DeFi apps built on Solana. While some whisper about a controversial recommendation from a fallen crypto king, the real story might lie in the booming activity on the Solana network.

Its #TVL is up 30% year-to-date, outpacing competitors, and even NFT giant OpenSea is partying on Solana. But is this just a house of cards, or can SOL keep the party going?

Buckle up and dive into the analysis to find out!

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#crypto2024