Is Solana undervalued?

Source: DeFiLlama

Recently, I've been using Base chain which is a L2(Layer 2) chain of the Ethereum. It uses ETH as TX(Transactions) fees. The fee is pretty much affordable than the Ethereum main network. So, I saw the possibility of the Ethereum network processing tons of TX.

Yesterday, I found this chart and table. Compared to Ethereum and Base, Solana has relatively more Dex(Decentralized Exchange) volume in terms of Dex TVL(Total Value Locked).

Actually, I had used Solana chain a few years ago. The social wallet function was interesting. So, I could check the odds of the Solana chain.

Anyways, for now, I think Solana is undervalued, and it will break ATH(All Time High) in the next 3rd altseason. I'm telling it based on data, not lunatic of Solana.