Market commentators are pushing back against bearish sentiment surrounding Solana by highlighting strong fundamental metrics. Despite some negative price action or market noise, proponents point to a series of bullish indicators that suggest underlying strength in the ecosystem. Key arguments for a bullish outlook include 17 consecutive days of ETF inflows and a massive increase in stablecoin supply on the network, which has reached $11 billion, ranking it second globally. Additionally, the integration of USDC on Solana by CashApp and the expansion of the Real World Assets (RWA) market are cited as adoption milestones. These fundamental factors are coupled with high daily active addresses and Total Value Locked (TVL). With the 'Breakpoint' conference approaching, these metrics are being used to argue that the current bearish narrative does not align with the on-chain growth and institutional integration taking place.