The Solana price has shown a minor recovery, recording a 0.5% increase over the past 24 hours. This uptick takes the cryptocurrency's value to $132.06. The overall cryptocurrency market has remained uneventful during this period.
The slight recovery for Solana comes after concerns related to transaction speed and network functionality, which had impacted market sentiment.
Despite the price recovery, there are still questions regarding a potential bearish trend for Solana.