$SOL

Solana's bearish outlook is expected to persist due to ongoing network instability and decreasing user engagement. Frequent outages, including a recent validator misconfiguration, have shaken investor confidence, raising concerns over the platform's centralization [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). Additionally, key metrics such as the total value locked (TVL) and DApp activity have dropped, signaling reduced interest from developers and users [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/). Coupled with the broader cryptocurrency market's volatility, especially Bitcoin's price challenges, Solana faces extended downward pressure until it resolves these issues and improves its ecosystem’s health.$