Solana following Bitcoin? Network activity, chart pattern point to $300 SOL price

Key takeaways: Solana's $9.4 billion TVL is a 54% increase since April 7. Solana’s memecoin daily trading volume has more than doubled since early April. A bullish V-shaped recovery pattern projects SOL price to rise toward $300. Solana’s native token,SOL,surged 86% between April 7 and May 26, following a broader altcoin market rally that also sawBitcoin hit new all-time highs above $111,000. Since then, SOL has struggled to break above $180, but onchain and technical data still suggest furt...