Solana’s TVL surges despite token creation shrink, raising questions on whether bulls can sustain prices above $200. Daily token creation on Solana fell to 27,354, its lowest since March, signaling a cooling trend. However, Solana still leads all blockchains in token launches. Despite a $666.7M DEX outflow and rising seller dominance in Futures markets, Solana’s $150B TVL surge and strong DeFi growth hint at long-term bullish potential.