The cost of Solana has decreased slightly, falling by over 50% from its record high of $295 in January. One likely explanation? The meme coin craze on the Solana network may be diminishing somewhat.
Understood. In order for Solana to get back on its feet and begin to rise once more, it must exceed the $150 price level. We also need to observe increased activity occurring within the Solana ecosystem, including a greater amount of capital secured within decentralized finance (total Toncoin (TON) Value Forecast for March 26th locked) and elevated transaction volumes. Fundamentally, it has to recover substantial momentum.
