Solana’s 30% Trading Spike Raises Questions: Will Price Surge Soon?

The cryptocurrency market has experienced volatility recently, and Solana has not escaped this turbulent period. Despite facing headwinds, Solana managed to stand out with a significant surge in trading volume and impressive growth in its Total Value Locked (TVL). However, SOL’s price continues to hold steady around $100 despite this influx of activity. Will the high volumes translate into a sustained price rise?