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Solana token lost more than 10% weekly and approximately 38.98% in a year.
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Solana-based Parrot Protocol announced the redemption of PRT tokens for liquid treasury value.
Solana (SOL) is one of the most popular high-utility tokens known for its scalability and high-speed transactions. SOL tokens lost more than 10% weekly and approximately 38.98% in a year.
In the 52 week time frame, the Solana token lowest traded at $8.00, while its highest trading price was $48.38. On July 14, SOL traded at $32.15, which is 34.26% higher than the price at press time.
At press time, the utility token was trading at $24.40. It opened trading at $24.76, dipped to $24.07, hit a high of $24.83, with a trading volume of 578.352k, constitutes of sellers.
According to market analysts, the SOL price might have been affected by the recent decisions of Parrot Protocol to redeem PRT tokens for liquid treasury value and also to transition to a no-token protocol. The PRT r
We współpracy z: https://www.thecoinrepublic.com/2023/07/24/solana-sol-token-degrading-troubled-by-parrot-protocol-move/
