❕ Solana TVL Plummets 40% as SOL Risks Drop to $110 Solana's TVL has dropped 40% in the past month, the steepest decline since the FTX collapse, mirroring a 41% drop in SOL price from its January high. Memecoin market cap has also plunged 70%, reflecting weakening investor sentiment and declining on-chain activity. With SOL forming a double-top pattern, analysts warn of a potential dip to $110–$120, unless buying pressure at $135 triggers a rebound. NFA