There was an incredible price movement in cryptocurrencies 2 days ago and the value of BTC dropped to $ 58,500 for the first time in a long time. This region attracted attention as the periodic bottom level of BTC, which has been declining since the FED interest rate decision announced about 2 weeks ago. The decline in BTC triggered the decline in altcoins and created a selling pressure in the entire market. After this moment, things changed and there was a visible price recovery. While the BTC price rose again to the level of $ 61,700, altcoins also became active. #DOGE was one of the meme coins that marked the day, while two different altcoins in the top 10 were among the biggest gainers of the day.

Solana Coin Reviews

#Solana , which literally hit the bottom at the beginning of 2023, later experienced a great recovery and the price rose above the $ 200 level again, which no one in the market expected, except perhaps its investors.

At the end of 2023 and even last March, there was a complete Solana craze and the price rose above $ 200. After this process, there was a visible price correction.

At this point today, SOL has experienced a 3.4% increase after the outflows throughout the week. SOL's price, which still shows a 0.48% decline on the weekly outlook, is in the $136.50 region. Despite the slowdown in this price decline, the last 1-month review indicated a 19% decline.

Following the latest price movements, the volume of the Solana market increased to 63 billion dollars, while the daily transaction volume decreased to 2.5 billion dollars after a 25% decrease.

On the other hand, there was a change in the total value locked in the Solana network, reaching 4.25 billion dollars. This data provided by DeFiLlama means an increase of 6.44% in the last 24 hours. The increase in activity in the market seems to have triggered an increase in DeFi volumes.

Cardano (ADA) Latest Status

ADA, which has been frequently mentioned with its recent decline, has seen a recovery today.  After a 3.88% rise in the last 24 hours, ADA price reached the $0.3914 region.

In the weekly outlook on the ADA side, the 2.07% increase is noteworthy. During this period, market volume increased to 13.990 billion dollars. ADA's 24-hour trading volume is at 264.97 million dollars.

Investors now continue to wait with curiosity to see when Solana will return to $200 and #ADA will regain $1.