Solana Price Stays Bearish Despite DeFi Growth and Stablecoin Dominance

Solana (SOL) is flashing a familiar split-screen picture: the token remains trapped in a clear ‘bearish’ technical structure, while on-chain usage across DeFi and payments infrastructure continues to look resilient—an asymmetry that is keeping traders focused on whether demand fundamentals can eventually translate into price strength.

As of Wednesday ET, Solana was changing hands around $71.43, according to CoinMarketCap data cited in the source report. SOL’s market capitalization stood near $41.4 billion, ranking seventh among cryptocurrencies, with approximately $2.44 billion in 24-hour…  Read more

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