Solana’s Resilience: Despite Market Sell-Off, Network Demand Remains Strong

Despite a recent market sell-off that sent Solana’s price down 15.5% from its all-time high of $209.80 on Thursday, key indicators suggest a sustained recovery to the $200 level. Solana’s resilience is rooted in several factors: strong DeFi activity, growing institutional interest, and robust network performance. These positive trends are countered by short-term trader pessimism but backed by substantial evidence of SOL demand.