SOLANA $SOL PRICE UPDATE: A SLIGHT DIP IN A LONG-TERM BEARISH TREND

The current price of Solana (SOL) stands at $140.70, which represents a minor decrease of -0.10% over the past 24 hours. Despite this slight dip, SOL has closed above its opening price on 49.63% of days, indicating a relatively stable market. However, the bigger picture reveals a bearish trend, with the coin's price plummeting by -44.19% from its all-time high of $252.12, which was reached 2 years and 8 months ago. This significant decline suggests a long-term downtrend, making it essential to monitor future price movements to determine if SOL can recover its losses.

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