$SOL

Solana’s bearish trajectory is likely to continue for a while due to a combination of technical issues, reduced network activity, and broader market challenges. The blockchain's frequent outages, most recently caused by a misconfigured validator that halted transactions, have raised concerns about centralization and reliability [oai_citation:3,3 key Solana metrics explain exactly why SOL price is down](https://cointelegraph.com/news/3-key-solana-metrics-explain-exactly-why-sol-price-is-down). These disruptions have led to declining user confidence, further compounded by a drop in the total value locked (TVL) and decentralized application (DApp) activity on the network. The number of active addresses using Solana’s DApps has significantly decreased, reflecting waning interest [oai_citation:2,3 key Solana metrics explain exactly why SOL price is down](https://cointelegraph.com/news/3-key-solana-metrics-explain-exactly-why-sol-price-is-down) [oai_citation:1,Solana Faces Bearish Pressure Despite Bullish On-Chain Metrics: What’s Next for SOL's Price?](https://coinpedia.org/price-analysis/solana-faces-bearish-pressure-despite-bullish-on-chain-metrics-whats-next-for-sols-price/). On top of this, broader market volatility, including Bitcoin’s struggles, has exacerbated the bearish pressure on Solana, as speculative sentiment has shifted towards caution. Despite some positive developments, like the anticipated Firedancer scaling solution, Solana's recovery remains uncertain until these core issues are addressed. Until network stability improves and user engagement rebounds, Solana is expected to face continued downward pressure in the short to medium term. $SOL