🔻 #solana Slides Amid Tariff Tensions
🚨 $SOL dips to $154.50, breaking key trendlines as U.S. tariff fears shake markets. Futures show bearish pressure:
*/ Open interest down 2.47%
*/ $30M in long liquidations
*/ Weak buying volume
📉 Price action shows fading momentum—but long-term fundamentals stay strong:
*/ Circle mints $250M $USDC on Solana
*/ Processes 34% of all stablecoin volume
*/ Backed by a new $1B validator fund
Short-term weakness, long-term potential. 👀