Solana (SOL) Stumbles as Market Action Remains Anemic

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Alex Dovb­nya

Solana (SOL) has slumped 5% as the broad­er cryp­tocur­ren­cy mar­ket is strug­gling to get back on its feet 

Dis­claimer: The opin­ion expressed here is not invest­ment advice – it is pro­vid­ed for infor­ma­tion­al pur­pos­es only. It does not nec­es­sar­i­ly reflect the opin­ion of U.Today. Every invest­ment and all trad­ing involves risk, so you should always per­form your own research pri­or to mak­ing deci­sions. We do not rec­om­mend invest­ing mon­ey you can­not afford to lose.

The price of Solana (SOL) has slipped rough­ly 6% over the past 24 hours, accord­ing to Coin­Mar­ket­Cap data.   

This makes it the big­ger lag­gard among the top alt­coins along­side Avalanche (AVAX).

Ethereum (ETH) is down rough­ly 4%, per­form­ing slight­ly worse than Car­dano (ADA).

Bit­coin is also trad­ing in the red today, slip­ping more than 3%. The top cryp­tocur­ren­cy is fail­ing to regain momen­tum after recent­ly reclaim­ing the $45,000 lev­el for the first time in weeks.

The total mar­ket cap­i­tal­iza­tion cur­rent­ly stands at $1.83 trillion.

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