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Solana slides under $100 amid global trade tensions and on-chain activity slump – TON BOT

Solana slides under $100 amid global trade tensions and on-chain activity slump

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Solana (SOL) experienced a sharp decline in the past 24 hours, falling below $100 due to market uncertainty and sell pressure. The drop wiped out leveraged positions and was attributed to concerns over global trade disputes. On-chain activity for Solana has also decreased, with a decline in key metrics and a drop in DEX market share. Despite this, interest from institutions is growing, with the introduction of SOL futures contracts and the ability to buy, sell, and transfer Solana on platforms like PayPal.

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