SOL Sees 3% Dip Amid High $3.1B Volume as DeFi Growth and MetaMask Support Drive Interest

Solana (SOL) is currently trading at $171.73 with a 24-hour opening price of $177.07, reflecting a 3.02% decline and a 24-hour trading volume of approximately $3.1 billion, indicating continued high activity and strong market interest. The recent price decrease can be attributed to short-term market volatility despite ongoing positive developments, including record stablecoin adoption, growing DeFi activity, and new integrations such as MetaMask wallet support. While the broader sentiment remains bullish due to robust ecosystem growth and increased institutional interest, the current pullback reflects typical fluctuations following recent rallies and profit-taking, rather than any negative shift in Solana’s underlying fundamentals.