Solana Price Extends Bearish Reach as On-Chain Volume Drops 30%
coingape.com 05 August 2024 09:34, UTC
Solana price was not left behind in the ongoing market onslaught, suffering double-digit percentage losses in the last 24 hours. The fear palpable in the market has sent bulls back into the shed, and investors have taken to the sidelines, as signaled by the dropping on-chain volume on the Solana network. Solana chart indicates more pain is due as the asset has broken below a crucial support level.