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What’s Behind Solana Price Drop Today?

source-logo  coingape.com 18 October 2024 09:15, UTC

The Solana price is down over 4% today, just two days after reaching a weekly high at around $158. This price decline is due to several factors, including a drop in Solana’s network activity between October 16 and 17. Meanwhile, the sentiment in the broader crypto market has also affected SOL, with the Bitcoin price cooling off after the rally earlier in the week.

coingape.com