Solana Price Prediction: SOL Slumps 5% As This New SOL Meme Coin Goes Parabolic With 345% Pump
The Solana price has slumped 5% in the last 24 hours to trade at $178.15 as of 4:05 a.m. EST on a 37% drop in trading volume to $5.4 billion. Despite the decline, new research by CoinGecko shows that Solana is the world’s most popular crypto network, accounting for almost a half of investor interest. “Solana ecosystem’s dominant mindshare has been fueled by Solana’s continued rally back to 2021 highs, alongside the strong performance of key ecosystem project tokens such as Pyth and native meme coins such as Dogwifhat,” it said. Solana Price Bulls Signals A Rebound Below The 50 SMA SOLUSD Chart Analysis . Source: Tradingview.com The Solana price shows a period of stability, trading within the range of $100 to $119 for a short while. Following this, there was a 40% surge as the bulls took charge, driving the momentum to the $210 resistance level. However, the bears took over, applying downward pressure and forcing the bulls to retreat to th...