SOL traders’ every wish came true, except for new all-time highs: What gives?

Solana’s fundamentals remain strong, but its recovery toward $250 will depend on easing geopolitical risks and renewed confidence in tech markets.

Key takeaways:

Solana’s strong onchain metrics and DApps revenue dominance hint at long-term strength despite recent selling pressure from major holders.

Solana ETF inflows and diversified onchain activity support SOL, yet macro risks in AI and trade remain key obstacles to a $250 recovery.

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