Solana’s total value locked (TVL) has soared to an all-time high of over $12 billion, a significant jump from its multimonth lows in June. This surge is driving the cryptocurrency’s price up, with analysts predicting a potential break above the $300 mark and even reaching all-time highs. 70% growth in just three months has propelled Solana’s memecoin market capitalization to over $12.4 billion, bolstering DEX activity on the platform. A bullish V-shaped recovery pattern is evident on the weekly chart, indicating potential for further price increases towards an eventual target of $350. 73% growth in daily trading volume points to increased network activity and rising demand. This positive momentum has drawn attention from industry experts such as Jussy and Kepin, who predict prices reaching $250 or even higher. The increasing TVL and memecoin market cap, coupled with bullish technical indicators like a strong RSI, suggest Solana is poised for significant growth in the near future. It’s important to note that this article does not contain investment advice or recommendations.