
Solana network and DeFi activity suggest SOL price rally will continue
Key takeaways: Solana’s $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem. Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month. SOL’s 8% funding rate shows healthy leverage demand from bulls. Solana’s native token SOL (SOL) surged 24.8% between May 6 and May 10, following the broader altcoin market rally after…