Recently, the total lock-up value (TVL) of the Solana (SOL) ecosystem reached an astonishing $12.267 billion, setting a new historical high. This achievement has propelled SOL to the second position on the TVL leaderboard, second only to Ethereum (ETH). Given the current development trends, it seems that the value of SOL is severely underestimated.

For investors who are paying attention to the cryptocurrency market, SOL presents an attractive medium to long-term investment opportunity. Regardless of the current price, the future return potential of SOL may far exceed its current valuation. This view is not unfounded, but is based on the project's continuous development and the ever-enhancing ecosystem.

Looking back, when the price of SOL was around $150 and ETH was at $2400, many questioned whether these prices were already too high. However, this line of thinking often overlooks a key point: the true value of a project lies in its potential and real-world applications. As long as the project continues to show strong development momentum, it will continue to attract new capital inflows, driving the price up.

It is worth noting that if the SOL ETF is approved by the U.S. Securities and Exchange Commission (SEC) in October, it could become another important milestone for the development of SOL.

In the cryptocurrency market, a hundredfold return requires great luck and patience, but doubling returns are relatively common, especially for investors who have a deep understanding of specific projects. The key to surviving and succeeding in this market long-term lies in having sharp insights and solid expertise.

Overall, Solana's latest achievements not only showcase its strength in the blockchain field but also provide investors with a thought-provoking investment opportunity. With the continuous expansion of its ecosystem and the potential approval of ETFs, the future development of SOL is highly anticipated.