Solana ($SOL ) — a strong competitor in the blockchain world, known for its speed and low transaction costs. However, its price has dropped to $235.53, decreasing by 7.95% over the last day. Meanwhile, Ethereum $($ETH ), the second-largest cryptocurrency by market capitalization, has fallen by 1.74%, trading at $3381.95. With a huge 24-hour trading volume of over $54 billion, a slight decline in ETH may indicate a consolidation phase, which could make it a good buy for long-term holders.
Sui ($SUI ), an emerging blockchain for decentralized applications, has also sharply dropped, by 8.34% to $3.17. For investors who like early-stage projects with growth potential, this drop may present a good entry point.