Solana's Price Decline Sparks Market Concerns and Fading Memecoin Activity
TL;DR Summary
Solana's SOL has dropped over 11.5% below $160, with on-chain data indicating increasing losses and waning confidence, raising concerns of potential capitulation or a bounce depending on market support and bullish catalysts.
- Solana, from FOMO to fallout: What’s next after SOL’s 11.5% drop? AMBCrypto
- Solana price drops as memecoins fade and SOL unlock concerns emerge Cointelegraph
- Markets Are Stalling, Liquidity Is Tightening — And Solana Could Be The First Domino To Fall Yahoo Finance
- Solana Retests Critical Support Amid Market Pullback – $200 Rally In Danger? TradingView
- Solana's SOL Dips 5% Amid Fading Memecoin Trading Activity on Network CoinDesk
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