📉 $SOL ’s Recovery at Risk as Meme Coin Hype Fades
SOL has dropped ~8% over the past week, currently trading around $144 .
The meme-coin frenzy on Solana is cooling off—social volume and on-chain hype have significantly declined .
🔍 Why Solana's Bounce May Stall
1. Meme-coin Driven Volume is Drying Up
With less trading in small-cap tokens, demand for SOL (the blockchain’s gas token) is weakening .
2. Launchpad & DEX Liquidity Pullback
Platforms like PumpFun have paused new listings, removing a key source of speculative inflows .
3. Technical Pressure
SOL is struggling at a critical resistance zone (~$155–$160). Without meme-coin tailwinds, a strong rebound looks less likely .
📈 Potential Bull Drivers Still in Play
Bullish baseline: 2.2M SOL left exchanges recently (~$381M), signaling substantial accumulation despite short-term volatility .
Fundamental strength remains intact—SOL stays a top-tier chain with ~$11 B in TVL, outpacing Ethereum’s DEX volumes .
⚠️ TL;DR
Solana's short-term price recovery looks shaky as the meme-coin boom deflates—but long-term demand isn’t dead. Accumulation trends and strong network use provide a buffer. Watch $140 support closely; further cooling could stall the rebound.
