Solana's total value locked (TVL) has surpassed $12 billion, signaling increased investor confidence and heightened activity on decentralized finance (DeFi) platforms such as Jupiter and MarginFi. Despite this growth, the price of SOL remains stable, constrained by cautious trading and broader market uncertainties. Technical analysis indicates a potential 10% decline to $210 if the $220 support level fails, although a rebound could see prices rise above $260. The disparity between robust on-chain growth and stagnant pricing suggests a maturing ecosystem, with historical trends pointing to a possible medium-term rebound if market sentiment aligns with the fundamentals.