Charting a course for Solana [SOL] after its latest drawdown

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Solana [SOL] is at a crucial junction now, with the crypto-market noting a U-turn of the relief progress. With Bitcoin still hovering below $20,000, the premise is all but negative for other assets right now. Historically, crypto-assets tend to follow the footsteps of Bitcoin in price chart movement. The same was also evidenced by SOL’s […]

[SOL] is at a crucial junction now, with the crypto-market noting a U-turn of the relief progress. With Bitcoin still hovering below $20,000, the premise is all but negative for other assets right now. Historically, crypto-assets tend to follow the footsteps of Bitcoin in price chart movement.

Despite this shedding, however, Solana has seen progress in its ecosystem over the past few days. This is becoming a similar story for Solana, as reportedDespite red signals across the price charts, the ecosystem is still continuing to grow. Meanwhile, Solana News has provided an Another development underlined that STEPN has been the most traded token on Solana with $94.5 million in trading volume. Marinade Staked SOL came second with a trading volume of $34.51 million. This was followed by Serum which accumulated $15.55 million on 2 September.

Source: News Formal (newsformal.com)

 

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