Home BlockchainWhat Factors Could Help Solana Absorb Rising Selling Pressure

What Factors Could Help Solana Absorb Rising Selling Pressure

by Vivek Kumar
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Daily Active Address of Solana Launchpads. Source: CryptoRank

Solana (SOL) has dropped below $120 amid continued capital outflows. As investors become increasingly cautious, the key question is what Solana can offer to convince holders to stay.

Several recent developments across the Solana ecosystem could provide momentum and help counter the growing selling pressure in the broader market.

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