Solana faced a $796 million loss in Q1 2024, with a significant drop in NFT interest and network activity, which may affect future revenues. Despite these challenges, SOL's price rose slightly to $151.27. The downturn reflects broader issues within the crypto market, though Solana's future performance remains uncertain given its current struggles.

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🚨 Disclaimer: This summary is for informational purposes only and is not financial advice. Always do your own research. 🚨

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