1. Solana's NFT ecosystem experienced #growth in sales, with an increase in total value locked (TVL) in its #DeFi space over the last month, driven by top #dApps such as Sharky, Parrot, and Saber Labs.
2. Despite these achievements, SOL investors faced losses as the token's price was down by over 9% in the last seven days, indicating a #bearish trend in the #market.
3. While Solana's TVL and NFT sales volume increased, metrics such as social volume and trading volume declined, suggesting reduced popularity and investor willingness to trade. The funding rate remained positive, indicating demand in the derivatives market, but the price trend indicated potential for further bearish movement based on indicators like the declining distance between moving averages and bearish RSI and CMF signals.
