Solana

Coin

<ul class="news-points">
 <li>Crypto market cap falls to $1.98T, down 8.97% in 24 hours amid intense selling pressure.</li>
 <li>SOL and NOT face major declines, but potential rebounds could reverse negative trends.</li>
 <li>GALA and STRK are at risk of further drops, but market shifts could spark significant recoveries.</li>
</ul>
The crypto market has plummeted in a sharp downturn, with nearly all major coins, including SOL, NOT, STRK, ORDI, and GALA, experiencing significant drops in value. However, Tether, which maintains parity with the U.S. dollar, remains an exception amid the sea of red.
At press time, the cryptocurrency market’s total valuation dropped to $1.98 trillion, marking an 8.97% decline in 24 hours. Meanwhile, the trading volume surged by 41.15% in the same timeframe, reflecting intense selling pressure in the market.
This analysis explores the future paths for these altcoins, considering both the continuation of the bearish trend and the possibility of a market rebound.
<h2 class="wp-block-heading" id="h-solana-sol">Solana (SOL)</h2>
Despite a slight rebound earlier this week, SOL has significantly declined, falling over 11% for the week and 6.49% in the past 24 hours. It is now trading at $126.72. This downturn has reduced SOL’s intraday ma…
The post <a href="https://coinedition.com/crypto-market-bloodbath-whats-next-for-sol-not-strk-ordi-and-gala/" rel="noopener noreferrer nofollow">Crypto Market Bloodbath: What’s Next for SOL, NOT, STRK, ORDI, and GALA?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Crypto Market Bloodbath: What’s Next for SOL, NOT, STRK, ORDI, and GALA?

Table of Contents

Coin Edition

Alte articole publicate pe 5 iul. 2024

Web3 users hit 10M in Q2, MetaMask to enhance security: Finance Redefined

Market in Panic – Which Cryptocurrencies to Hold to Avoid Losses

Notcoin Price Prediction: NOT Plummets 34%, But The Crypto Crash Can’t Stop This New P2E DOGE Der...

The Rise of “Ethereum Slayers”: Can They Dethrone the DeFi King?

Microsoft’s AI Voice Cloning Tech, VALL-E 2, Is So Good But Raises Concerns Over Abuse

Daily Market Review: BTC, ETH, BNB, SHIB, DOGE

Join our free newsletter for daily crypto updates!