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Solana Price Extends Bearish Reach as On-Chain Volume Drops 30% Coingape 05 Aug 2024

Solana Price Extends Bearish Reach as On-Chain Volume Drops 30% 📉

Solana
Solana's price has significantly declined during the ongoing market crisis, with double-digit percentage losses within the past 24 hours. This decline reflects widespread fear in the market, driving bulls away and pushing investors to the sidelines. A crucial indicator of this trend is the 30% drop in on-chain volume on the Solana network. This bearish trend appears likely to continue, as per Solana's chart.

Source: coingape.com ↗

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