The cryptocurrency market is painting charts red, and so is Solana price. Having recorded 16 greed days over the past 30 days, SOL saw a decline of approximately 28% in its value. The past 7 days have not been the best for the “Ethereum killer” token, witnessing a nosedive in its price by over 23%. As the crypto community is waiting in anticipation for Bitcoin halving, expectation in four days, will SOL price have recovered by then?
Market Performance of Solana Price
Solana’s most recent marketplace results indicate a notable decrease in various time periods. The token has also witnessed a a drop of 10.33% over the past day. This trend has also been demonstrated in its performance over the past week and month, reporting declines of 23.09% and 28.41% respectively. This signals a bearish phase that may concern traders.
Solana’s current price is $135.38, significantly lower than its record high of $260.06 achieved on November 7, 2021. The current price is forty eight.03% lower th
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