TopCryptoNews
🟣 Solana ($SOL ) was trading at $127.7, down 12.3% from its monthly high and over 48% below its highest point in September.
The seventh-largest crypto asset could be at risk of further decline as it has formed a giant bearish pattern on the charts, as some of the network’s key on-chain metrics have slumped over the past few months.
The total value locked across DeFi protocols built on the blockchain has dropped to $23.8 billion, down from its yearly high of $35.1 billion seen in September. The fees generated by protocols running on Solana also fell from $31 million to $8 million within the sa
The seventh-largest crypto asset could be at risk of further decline as it has formed a giant bearish pattern on the charts, as some of the network’s key on-chain metrics have slumped over the past few months.
The total value locked across DeFi protocols built on the blockchain has dropped to $23.8 billion, down from its yearly high of $35.1 billion seen in September. The fees generated by protocols running on Solana also fell from $31 million to $8 million within the sa
SOL-0,54%