Solana TVL Hits New High Amidst Market Uncertainty: Will Price Follow?

Solana’s native token SOL (SOL) experienced a notable decline between March 28th and April 4th, dropping by approximately 9%. However, despite this price downturn, the Solana network continues to demonstrate strong performance. On-chain data shows that its Total Value Locked (TVL) reached a record high, while decentralized exchange (DEX) volumes remained resilient. These positive metrics have sparked speculation about whether the SOL price will soon reflect the network’s on-chain strength.