Recently, the total value locked (TVL) in the Solana (SOL) ecosystem reached a historic high of $12.267 billion, currently ranking second in the cryptocurrency market, only behind Ethereum (ETH). This significant growth has sparked extensive discussions in the industry about the future prospects of SOL.

Analysts point out that the current price of SOL may undervalue its actual worth. Many investors are viewing SOL as a medium to long-term investment opportunity, believing that there is no need to overly focus on short-term price fluctuations, as its returns may far exceed the current valuation in the long run.

It is worth noting that experts have been suggesting to pay attention to these two cryptocurrencies since earlier this year when the price of SOL was around $150 and the price of ETH was around $2400. Although there were doubts at the time about whether the best buying opportunity had been missed, it has been proven that as long as the projects themselves possess sufficient potential and value, they will continue to attract capital inflows, driving prices up.

Another factor worth noting is that if the ETF for SOL is approved by the U.S. Securities and Exchange Commission (SEC) in October, it could bring new growth momentum for SOL.

For cryptocurrency investors, it is important to have sharp market insight and investment strength. While hundredfold returns require luck and long-term holding, doubling returns are not out of reach as long as there is a thorough understanding of the project.

Overall, the locking value of SOL reaching a new high reflects the market's confidence in it, but investors still need to carefully assess the risks and make informed investment decisions.