$SOL Since April 1, 2025, Solana has been living a true April Fool's joke... that lasts! After a frenzy of memecoins launched in droves, the bubble burst faster than a token with no utility. Result: a 40% drop in active users, revenues down 92%, and a TVL halved. Scams and rug pulls have turned the network into a real minefield, driving investors to safer grounds like Ethereum and Arbitrum. Even star memecoins like TRUMP and MELANIA have seen their value plummet by over 85%. In short, Solana, once a rising star, is going through a turbulent phase.