The Solana price prolongs its consolidation within the formation $91.5 to $76.5.
On March 2nd, the U.S-based spot SOL ETFs recorded an inflow of $16.8 million.
Daily active addresses on Solana have dropped significantly since early February.
SOL, the seventh largest cryptocurrency by market capitalization, is up 3.65% to reach $86.88. This uptick follows the footsteps of Bitcoin as its price hits a weekly high of $70,000 despite escaping geopolitical tensions. Despite the price jump, the Solana price witnessed notable decline in user activity across DeFI services, suggesting reduced conviction in
SOL Defies Weak Network Metrics With Sharp Price Recovery
The crypto market recorded heightened volatility since last week, amid escalating geopolitical tension in the middle east. Last week, a majority of major cryptocurrency experienced a significant decline which pushed their value to local support, but today, the bullish momentum replenished.
As a result, the Solana pr
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