Last week’s fluctuations in the crypto market had the strongest impact on Solana, whose total value locked (TVL) in DeFi protocols fell by 60% to $377 million as of November 14. Solana’s market cap roughly halved over the past week.

The SOL price plunged by 56% over the past week. Between November 7 and 14, the token dipped to the $12.93 mark. According to CoinGecko, SOL is trading at $14.45 as of 12:00 (GMT+2) on November 14. Solana’s market cap decreased by 50% during this period, reaching $5.2 billion.