SOL reclaims $72, but onchain data flags weakening momentum

SOL has reclaimed the $72 mark, finding strength from tokenized stock trading on its network. Despite this price rebound, onchain data reveals weakening momentum, characterized by declining TVL and DEX volumes. This strategic pivot toward tokenized equities amidst a broader DeFi decline highlights a shift in Solana's approach, which may potentially reshape its overall market position and the focus of its investors as the ecosystem evolves beyond traditional decentralized finance metrics.