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Solana Price Extends Bearish Reach as On-Chain Volume Drops 30%

CoinGape LogoCoinGape12h ago

Solana Price Extends Bearish Reach as On-Chain Volume Drops 30% - CoinGape

Quick Summary:

The fear palpable in the market has sent bulls back into the shed, and investors have taken to the sidelines, as signaled by the dropping on-chain volume on the Solana network.

Solana price was not left behind in the ongoing market onslaught, suffering double-digit percentage losses in the last 24 hours.

Additionally, the drop in volume has affected the total value locked in the network, causing it to drop.


More Pictures

Solana Price Extends Bearish Reach as On-Chain Volume Drops 30% - CoinGape (Picture 1)Solana Price Extends Bearish Reach as On-Chain Volume Drops 30% - CoinGape (Picture 2)Solana Price Extends Bearish Reach as On-Chain Volume Drops 30% - CoinGape (Picture 3)Solana Price Extends Bearish Reach as On-Chain Volume Drops 30% - CoinGape (Picture 4)Solana Price Extends Bearish Reach as On-Chain Volume Drops 30% - CoinGape (Picture 5)

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 09:31:30 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 52 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 21930462

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 16 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Solana Price Extends Bearish Reach as On-Chain Volume Drops 30%" was covered 12 hours ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 16 news stories per day.

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  • News ID: #21930462
  • URL: https://beamstart.com/news/solana-price-extends-bearish-reach-17228554079185

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