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Solana price remains under sustained pressure, extending a three-week downtrend amid weak investor support and bearish macro conditions.
SOL trading near $80, reflecting declining demand across the broader crypto market. Adding to concerns, long-term holders are now showing signs of weakening conviction.
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Solana Profitable Supply Falls To Multi-Year Low
On-chain data shows that Solana’s supply in profit has dropped to 15%. This marks the lowest level since November 2022. A…