Will Solana price hold $180 after 30% drop in weekly DApp volumes?
Solana’s native token SOL
SOL
tickers down
$184.39
failed to sustain levels above $200 after multiple rejections between Dec. 25 and Dec. 26. This movement aligned with the broader cryptocurrency market, which saw a 3.5% decline over two days ending Dec. 27. However, SOL underperformed with a 5.1% correction, raising concerns among traders about potential further price declines.
https://cointelegraph.com/news/will-solana-price-hold-180-after-30-drop-in-weekly-dapp-volumes
One key source of concern was Solana’s onchain network volumes, which dropped by 30% over seven days.