<ul><li>Solana's network activity remains strong, with record-high transactions and a peak TVL of 55.37 million SOL despite bearish market trends.</li><li>SOL's price dipped but showed signs of stabilization, while derivatives and spot market trends hint at a potential recovery.</li><li>The Solana blockchain has maintained robust network activity, with an increase in transactions, Total Value Locked (TVL), and on-chain volume.</li><li>Derivatives market shows mixed signals, with negative change in open interest but positive signs in funding rates in the last 24 hours.</li></ul>

Solana TVL Hits Record 2024 High, but SOL Price Faces Headwinds

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