A drop in Solana’s dApp revenues, along with limited institutional and retail investor interest, adds vulnerability to SOL’s $78 support.
Key takeaways:
SOL is struggling to hold $80 as a 75% drop in futures’ open interest shows that traders are heading for the exits rather than opening new bets.
Solana remains heavily dependent on retail and memecoin activity, while Ethereum maintains its lead in high-value decentralized finance.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments