Solana (SOL) Thrives as Token Holders Question Its Applied Value

The article discusses Solana's impressive comeback, with surging network activity and price. It highlights the high throughput and low fees, which have driven adoption. However, it also questions whether this activity translates to real economic value for SOL holders, pointing out the low fee revenue and ongoing inflation. The article concludes that while Solana is on a firmer footing, its price is still driven more by sentiment than fundamentals, and the transition to a value-capturing network is still in progress.