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#Will SOL reach its ATH of $210 soon?
Solana (SOL), the shining star of the cryptocurrency market, surged with ETF expectations.
Solana has re-entered the most talked-about projects of the cryptocurrency market in recent days with its performance. While the activity on the network is increasing, the total locked value (TVL) has increased by over 25% in the last month, surpassing 5.28 billion dollars.
The TVL was last seen this high in April 2022. Increasing investor interest, the Solana-based meme coin craze, and the rise in user numbers have had a positive impact on the entire network.
The Solana ecosystem is demonstrating strong growth, evidenced by increasing DEX activity, growing daily active users, and a rising fee surge on the network. These strong fundamentals, combined with positive market sentiment, are pushing SOL forward.
The upcoming ETH ETF launch is also contributing. Given SOL's relatively small size and strong price performance, it seems ready to be the next coin with a highly upward trend ETF.