Solana (SOL) is holding near the closely watched $73 level as the broader crypto market stays in a corrective phase, leaving traders torn between a potential technical rebound and lingering headwinds from weakening on-chain activity. The token’s failure to reclaim nearby resistance has kept downside risks in focus, even as the Solana ecosystem posts incremental signs of institutional participation and governance maturation.
As of Friday, Aug. 1 at 4:41 p.m. UTC, SOL traded at $72.83, down 0.31% over the past 24 hours. The token is lower by 1.92% over the last seven days and has slid 9.23%… Read more
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