Bearish
Solana's Total Value Locked (TVL) drops 40%, SOL price risks further losses to $110.
Over the past month, Solana's Total Value Locked (TVL) has decreased by 40%, indicating reduced investor confidence. This decline coincides with a 41% drop in SOL's price, which is now trading 52% below its all-time high of $295. Technical analysis suggests potential further losses, with SOL possibly reaching $110.
Key points
- Solana's TVL has decreased by 40% over the past month, from $12.1 billion to $7.4 billion.
- SOL's price is trading 52% below its all-time high of $295, with a 41% drop in the last month.
- Technical analysis indicates potential further losses, with SOL possibly reaching $110.
Sources
AI-generated from public news sources. Not financial advice.
