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SOL price rebounds 13%, market optimistic about Solana ETF
As Cointelegraph reported, Solana’s native token SOL rebounded 13% from $203.30 on December 10 to return to the $230 level. Market participants are watching whether the price will break through $260.
SOL hit a new high of $264.50 on November 22, 2024, but has since underperformed, with the price falling 12%. Solana’s SPL tokens, including the Meme coin, have seen a significant drop in trading volume and price recently.
The Solana network’s on-chain transaction volume fell 63% in the week ending December 9. Ethereum, BNB Chain, and Avalanche saw similar declines.
SOL hit a new high of $264.50 on November 22, 2024, but has since underperformed, with the price falling 12%. Solana’s SPL tokens, including the Meme coin, have seen a significant drop in trading volume and price recently.
The Solana network’s on-chain transaction volume fell 63% in the week ending December 9. Ethereum, BNB Chain, and Avalanche saw similar declines.
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