Solana Price Faces Continued Decline Amid Ongoing Bearish Momentum

Quick Summary:

Solana (SOL) price maintained its poor performance by continuing its downward trend inside a tight price channel that it has been following for quite some time now.

The whales have taken notice and are considering purchasing the dip as a result.

Total Value Locked (TVL) has dropped precipitously, which is another reason to be pessimistic about Solana’s short-term future.

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Article Details

Author / Journalist: Ashfaq

Category: Crypto

Markets: United Arab Emirates

Topics: Altcoin Solana Editors News Investing News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-21 @ 21:47:35 (20 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 320 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 24578309

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 8 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

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Publisher ID: #125

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