Wed, 01 Apsolana

Solana DEX volumes drop to 2024 lows: Will SOL hold $80 as support?

Burns Brief

Solana’s declining DEX volumes raise the likelihood of a SOL price correction to $75, but the network’s DApp revenue highlights its resilience 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.

Solana’s declining DEX volumes raise the likelihood of a SOL price correction to $75, but the network’s DApp revenue highlights its resilience.

Key Takeaways