Krutika Adani
Yes, Solana will likely recover from its current fall. The crypto has been seeing record growth in fee revenue which was at $2.85 million for yesterday.
As the memecoin supercycle ends and liquidity issues linger in crypto markets, we could see a slow recovery in Solana’s price.
Yes, being a layer-1 blockchain, Solana could very well enter other sectors like RWA, DePIN and utility.
Solana has already seen high growth in the DeFi sector and it could become a dominant RWA crypto with its active partnerships.