03 Jeep Liberty won't go past 1st gear.

I have an 03 jeep liberty 3.7 v6 4x4. we've had a transmission guy look at it and he said our transmission is toast. Well there is no shavings in the tranny fluid, and it's not black. We are getting a code of p0700 And We got the code for the shift solenoid and replaced it. We can put it in reverse neutral and first but that's as far as it goes. Has anyone else had this issue?
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