📉 Solana (SOL) is down 12%, but Ethereum inflows could fuel growth:
- SOL reached a 2024 peak of $118.40, but is now trading around $103
- The inflow of funds from Ethereum through the Wormhole bridge amounted to $24.6 million per week
- The total value of locked funds (TVL) in Solana exceeded $2 billion
- Increased demand for DeFi Solana services could bring the price back to $150