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Solana’s Market Woes Continue With A 32% Monthly Drop—Details

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Solana’s Market Woes Continue With A 32% Monthly Drop—Details - NewsBTC

Quick Summary:

However, $SOL has been more sensitive to recent drawdowns, with 30D price change clocking in at -32% as of Feb 17 (#ETH: -17%, #BTC: -8%) pic.twitter.com/GE7WaV4hBi — glassnode (@glassnode) February 18, 2025 Negative Impact On Network Solana’s appeal as a low-cost, high-speed blockchain has attracted traders who are interested in leveraging speculative ventures.

Related Reading: Cardano Soars Nearly 130% To $30 Billion, Climbs To 9th In Market Cap Rankings Bitcoin And Ethereum Exhibit Resilience Bitcoin and Ethsereum have weathered the latest slump with comparatively little damage, while Solana is having trouble.

Meme Coin Mania Turns Into Disaster Solana has been the epicenter of an explosive meme coin growth.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 12:30:08 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 84 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 26272324

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

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: #102

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