@ion5
Increased usage of Solana’s cross-chain bridges, like Wormhole and Allbridge, could drive SOL’s price higher by enhancing network utility and demand. Web data shows bridges like Defiway, with 0.2% fees, boost interoperability with EVM chains, attracting DeFi and NFT users. This raises SOL’s transaction volume, as seen with 2023’s 303% TVL surge. However, price impact depends on market sentiment and macro conditions—tariff fears or Bitcoin’s dominance could limit gains. X posts note hype around bridges like InterSOON, but dilution from high token supply or bridge vulnerabilities may cap upside. Sustained adoption is key.
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