Despite strong fundamental momentum, the price of Solana<\/a> (SOL)<\/strong> has been struggling to reconnect with its bullish trend in recent days. Although open interest in SOL futures contracts has surged by 15%<\/strong>, the token is consolidating around $160<\/strong>, well below its recent high of $167<\/strong>.<\/p>\n\n\n\n This consolidation indicates that the path to $200<\/strong> remains challenging for Solana. However, investors should keep a close eye on upcoming developments, as the network’s fundamental indicators remain exceptionally strong.<\/p>\n\n\n\n Data indeed shows that activity on the Solana<\/a> blockchain is expanding rapidly. Transaction volume has climbed 27%<\/strong> over the past 7 days, exceeding 596 million<\/strong> transactions – more than the 10 other major chains combined.<\/p>\n\n\n\nSolana’s Fundamentals Remain Robust<\/h2>\n\n\n\n