This week saw increasing interest in American-made coins, particularly Solana (SOL), Ondo Finance (ONDO), and Story Protocol (IP). Solana made a notable comeback with a 30% rise and regained attention from institutional investors. ONDO saw support due to its appeal in Real World Assets (RWA) and an increase in investor engagement following MANTRA’s decline.

Conversely, Story was the only coin among the top 25 US coins that experienced a significant 18% drop in the past week. Despite this, there are expectations of a potential recovery, partly fueled by speculation about being listed on Binance.

Solana underwent a sharp 53% drop between February and April but has shown a remarkable turnaround in the past week, growing by 30%. This surge has brought SOL to $130, making it a competitive American-made coin in the market, just behind XRP.

The resurgence of Solana coincided with a milestone where it surpassed Ethereum in daily decentralized exchange (DEX) volume, reaching $2.17 billion in 24 hours. It received additional support when the public company Janover invested $5 million in SOL.

ONDO may benefit from the downfall of MANTRA's OM token, which lost 90% of its value, as investors shift focus towards projects dealing with Real World Assets. ONDO has potential for growth as the total value of RWAs on-chain exceeded $20 billion for the first time.

Story, which has been a prominent American-made coin, is facing an 18% decline currently and has dropped below a $1 billion market cap. It is the only US-based crypto project in the top 25 to be in the red this past week, indicating a possible forthcoming rebound if demand returns.