Is Solana Price Nearing a Critical Turning Point?

Quick Summary:

Solana (SOL) continues to navigate a turbulent market, trading at $186, reflecting a 3.3% decline in the past 24 hours, with trading volumes dropping 17% over the same period.

Over the past month, SOL has seen a 21% dip, raising concerns about its short-term prospects.

Tokens like Popcat, Dogwifhat, and BONK saw monthly declines of 42%, 40%, and 25%, respectively, underscoring waning network demand.

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Article Details

Author / Journalist: Janani

Category: Crypto

Markets: United Arab Emirates

Topics: Altcoin Altcoin News Solana SOL Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-28 @ 12:36:16 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 290 words

Reading Time: 2 minutes read

Sentences: 27 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24716222

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 23 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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