Solana TVL Drops as Raboo Gains Momentum in Stage 5 Presale

Solana’s Total Value Locked has experienced a significant decline, raising concerns among investors as broader market volatility takes its toll. Meanwhile, Raboo, the AI-backed presale token, has continued its impressive performance in presale, which is currently in Stage 5. Why is there a decline in SOL’s TVL, and what's driving up Raboo's presale performance?

Solana’s TVL declines amid market outflows, but SOL price outlook remains mixed

Solana's Total Value Locked (TVL) has faced a notable drop, falling by 8.5% in recent days as key platforms like Jito, Kamino, and Jupiter witnessed withdrawals. While the decline in network deposits raises concerns if Solana is still one of the best altcoins to invest in, Solana's decentralized exchange (DEX) volumes surged by 19%, suggesting that trading activity on the network remains resilient. This divergence between TVL and trading volume presents a complex picture for Solana’s future price movement.

Despite TVL outflows, Solana still leads the market in active addresses, reflecting solid engagement within its ecosystem. The blockchain's low transaction fees and growth in decentralized application (DApp) usage have mitigated some of the negative sentiment driven by DeFi outflows. Furthermore, Solana's 7-day fee revenue reached $3.04 million, signaling that on-chain activity remains robust even as total deposits wane.

However, broader market conditions may still influence Solana’s price. The recent surge in value, driven by favorable macroeconomic factors like the US Federal Reserve's rate cut, has cooled as Solana faces a slight pullback to $150. While the network's fundamentals remain sound, analysts suggest that any further declines in TVL could push Solana to retest its $120 support level.

Raboo powers through Stage 5 with a 19% price surge, revolutionizing meme coins with AI and Social-Fi

Raboo is set to revolutionize the meme coin landscape by combining Artificial Intelligence and Social-Fi elements to create an engaging, community-driven platform. Built on the Ethereum ERC-20 network with zero buy and sell taxes, Raboo fosters a fun and competitive environment where meme enthusiasts can generate AI-driven memes, interact with like-minded investors, and earn rewards for their creativity. The project’s success hinges on cultivating a vibrant and dedicated community.

With Raboo’s cutting-edge Rabooscan technology, users can uncover high quality memes steering away from repetitive and boring memes that circulate social media. Rabooscan uses AI to analyze and gather data from the internet, enabling token holders to create even more impactful and entertaining content. This unique integration of AI into the meme economy is what sets Raboo apart from other meme coins, ensuring continuous innovation and affirming Raboo as one of the best altcoins to invest in the memecoin ecosystem.

Raboo’s roadmap promises even more exciting updates, including the release of exclusive branded merchandise. As the token’s value continues to rise—announcing a 19% increase in Stage 5, priced at $0.0057—early supporters will have plenty of opportunities to benefit from this growing community. Raboo is on a meme-busting spree, taking on competitors and aiming for the ultimate meme showdown.

Conclusion 

Solana's TVL has experienced a sharp 8.5% decline, driven by outflows from key platforms. Meanwhile, the presale token Raboo is offering investors an opportunity to be part of the latest revolution in the crypto world driven by AI. Currently in Stage 5 of its presale, Raboo ($RABT) is expected to surge 100x by the time it launches.

You can participate in the Raboo presale here:

Telegram: https://t.me/RabootokenPortal 

Twitter: https://twitter.com/Raboo_Official