Solana 3.18% decline driven by DEX slowdown and increased volatility
1. DEX Activity Dip: SOL fell 3.18% to $151.87 as decentralized exchange activity slowed and community sentiment shifted, despite strong institutional interest and treasury investments.
2. High Trading Volume: 24-hour trading volume reached $2.57 billion, reflecting robust market participation even as price declined from a $156.85 open.
3. Key Support Levels: SOL trades near the $150 support zone, with resistance at $162.46; technicals show consolidation, with bullish potential if network activity remains elevated.