Solana’s price decreases by 9 % with 76 % trading volume

Solana’s price has decreased by 9 % in the past 24 hours with pressure selling.

Solana (TellerOne of the worst performance in the past 24 hours was about 9 %, according to Crypto.News. After opening it at 177.92 dollars, less than $ 170 decreased, according to Historical coinecko data. The last time Sol was traded at this level in late October 2024, when it was closed at $ 170.56 after opening it at 164.34 dollars.

At the time of writing this report, Solana High in Solana is $ 186 while the lowest level during the day is $ 164, as a price of more than $ 22 oscillates. If the price is closed below the support level of $ 165, it may decrease beyond $ 150 in the short term.

Meanwhile, the Sol trading volume has increased by 76 % in the past 24 hours, reflecting the increase in sales pressure and the rise of volatility. The increase in trading activity indicates that investors either get profits or reduce losses amid fears of low prices. However, some investors may be PurchaseTake advantage of the rare opportunity.

Sol’s PRICE struggles stem partially from the last prominent rug fraud on the Solana network, where the Solana -based portfolio has been linked to Solana Flat projectsThe most prominent scale (Scale) And Melania (Melania). In addition, Data from Lookonchain It indicates that Stablecoins worth $ 772 million had left Solana’s ecosystem last week, indicating a decrease in the investor’s investor confidence.