Solana

<ul><li>The price of Solana (SOL) has dropped 50% year-to-date, and 95% from its 2022 highs.</li><li>CoinMarketCap indicated that the altcoin also printed a 8&#43;% loss over the past 24 hours.</li><li>Technical indicators suggested that SOL’s price would continue to drop in the next 24-48 hours.</li></ul>The price of the once-trending altcoin <a href="https://coinedition.com/tag/solana-sol/" rel="noopener noreferrer nofollow">Solana (SOL)</a> is down around 50% in a year and 95% from the highs it had reached last year. Furthermore, CoinMarketCap indicated at press time that the altcoin’s price fell victim to the market-wide sell-off over the past 24 hours, resulting in a daily loss of just over 8%. This recent price drop meant that SOL was trading at $19.88.The Ethereum-killer was also outperformed by the two market leaders <a href="https://coinedition.com/ethereum-vs-bitcoin-use-cases-technical-differences-scaling-issues/" rel="noopener noreferrer nofollow">Bitcoin (BTC) and Ethereum (ETH)</a> over the last day. As a result, SOL was down 4.31% against BTC and weakened 5.18% against the biggest altcoin by market cap.<a href="https://coinedition.com/sols-price-may-be-at-risk-of-gradually-dwindling-to-sub-10/" rel="noopener noreferrer nofollow">See the Original On CoinEdition</a>

SOL’s Price May Be at Risk of Gradually Dwindling to Sub $10

Coin Edition

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