Solana (SOL) has recently seen a major price drop after a strong rise earlier this year. This fall is caused by overall crypto market uncertainty, global economic issues, and concerns about Solana’s past network outages.
Although the Solana ecosystem is still active, investor confidence has decreased. Many are waiting to see if the project can fix its technical problems and stay competitive.
This downturn may be part of a normal market cycle, but SOL needs to show stability and progress to regain trust.