Solana’s market capitalization rises by 5 billion USD, can SOL reach 100 USD as Mutuum Finance V1 protocol achieves 200 million USD in total value locked?

Solana (SOL) has gained over 5 billion USD in market cap after breaking a consolidation phase, now trading between 85 USD and 88 USD following a partnership with Western Union. To reach 100 USD, SOL must overcome resistance levels with supportive network growth.

Mutuum Finance’s V1 protocol achieved a total value locked of 200 million USD, providing automated risk management in decentralized lending. The project focuses on security and offers efficient liquidity solutions, aiming for significant upgrades and expansion.