SOL’s Slip: Is the Blockchain Kingpin Losing Steam or Gearing Up?

SOL’s price nosedived 30%, crashing from $257 in November to $175 by December 20.

It’s clawing back at $185, but the climb is slow.

DeFi action on Solana is cooling, and some devs are eyeing Hyperliquid for fresh moves. Meanwhile, looming SEC shakeups under Trump could tilt the regulatory playing field.

Some see the dip as a “reset,” not a red flag.

Is SOL gearing up for a comeback or just spinning its wheels?

Source: Bit Perfect$SOL