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COINTELEGRAPH.COM NEWS · CRYPTO ·

SOL reclaims $72, but onchain data flags weakening momentum

As reported by Cointelegraph.com News
Solana found strength from tokenized stock trading on its network, but a declining TVL and DEX volumes point to fading momentum.
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Solana's token, SOL, reclaimed the $72 mark, primarily driven by increased activity in tokenized stock trading on its network. Despite this price recovery, onchain data reveals a potential weakening in momentum, with both Total Value Locked (TVL) and Decentralized Exchange (DEX)…

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