Solana's price has surged by 8% to $152, attributed to a recovery in network activity and strong demand highlighted by a trading volume increase of 35% and a 5% rise in futures open interest. This uptick has pushed Solana's total value locked (TVL) up by 25% over the past month, with decentralized exchange (DEX) volumes skyrocketing by 90%, particularly driven by platforms like Sanctum and Raydium. Solana's futures market has also seen a positive shift, with open interest in futures climbing 5% and funding rates flipping to positive values, indicating increased capital inflow. A V-shaped recovery pattern suggests a potential resistance breakthrough at the $160-$200 range, aiming for a target of $250 or even surpassing all-time highs above $294 if bullish momentum continues. The overall sentiment is optimistic, confirmed by increased activity across various segments of the Solana ecosystem.

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