SOL reclaims $72, but onchain data flags weakening momentum
CoinTelegraph·

60-second summary
Solana's price is reclaiming $72, driven by the growing adoption of tokenized stock trading on its network. However, on-chain data suggests weakening momentum as total value locked (TVL) and decentralized exchange (DEX) volumes decline. This mixed trend may indicate a pause in the project's growth, potentially impacting investor sentiment and the broader market's perception of Solana's long-term potential.
Solana found strength from tokenized stock trading on its network, but a declining TVL and DEX volumes point to fading momentum.