Solana (SOL) traded in a tight range around the $83 level on Saturday, as a sharp drop in trading activity signaled a cooling of near-term risk appetite across the altcoin market. While the token has held its ground despite broader uncertainty tied to Bitcoin (BTC) volatility, the data points to a developing ‘short-term correction’ rather than a renewed upside push.
As of May 3 at 1:58 a.m. UTC, Solana was changing hands at $83.87, according to CoinMarketCap. Its market capitalization stood at roughly $48.3 billion, keeping SOL in seventh place among cryptocurrencies by market cap. Momentum,… Read more
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