SOL struggles as Solana TVL slides and memecoin demand fades
Key takeaways: SOL funding rates signal low bullish conviction after a 46% price drop, despite Firedancer’s launch and rising Solana network transactions. Solana DApp revenues and DEX activity have weakened sharply, suggesting broader market fatigue even as Solana’s ecosystem grows. Solana’s native token, SOL (SOL), has failed to sustain prices above $145 for the past...
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