Solana DApps revenue falls to 18-month low as SOL price risks $80 retest
Burns Brief
Weakening onchain activity and bearish derivatives data suggest that a SOL price recovery will take longer than most investors anticipate The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $SOL for reaction — a decisive move above or below key levels will confirm the next trend.
Weakening onchain activity and bearish derivatives data suggest that a SOL price recovery will take longer than most investors anticipate.
Key Takeaways
- Weakening onchain activity and bearish derivatives data suggest that a SOL price recovery will take longer than most investors anticipate