$SOL

Market Capitalization Change: In the first quarter of 2025, the total market capitalization of cryptocurrencies dropped from a high of $3.8 trillion at the end of 2024 to approximately $2.7 trillion, indicating an overall downward trend in the market.

Trading Volume Fluctuation: The average daily trading volume in the first quarter decreased by 27.3% compared to the fourth quarter of 2024, falling to $146 billion, reflecting a decline in market participation.

Market Sentiment: Market sentiment plummeted to a freezing point by the end of the first quarter, with KOLs silent, investors gradually losing hope, and trading activity significantly decreasing.