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How Much Does Solana's TVL Growth Drive SOL Price? A Data-Driven Analysis
Solana's ecosystem has seen significant growth in Total Value Locked (TVL), driven by its high throughput and low fees. This growth has positively impacted SOL's price, as increased TVL reflects higher demand for the network and its native token. Data shows a strong correlation between TVL growth and SOL price appreciation, as more projects and users flock to the ecosystem. However, the extent of this impact depends on broader market conditions and investor sentiment.
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