Solana DEX volumes drop to 2024 lows: Will SOL hold $80 as support?
Solana’s declining DEX volumes raise the likelihood of a SOL price correction to $75, but the network’s DApp revenue highlights its resilience. Key takeaways: Solana outperforms Ethereum in high-revenue DApps, providing a fundamental cushion against recent price drops. Rising Ethereum Layer-2 dominance challenges SOL as traders monitor the critical $80 support level for a retest.
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