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๐จ Solana (SOL) Sees 2.43% Dip Despite Institutional Interest ๐จ
Solana's price dropped by 2.43% in the last 24 hours, sitting at 160.30 USDT ๐ช, down from an opening price of 164.29 USDT. This dip comes amidst debates among Solana's core developers about Layer 1 blockchain superiority ๐ญ, leading to short-term uncertainty in the market.
However, itโs not all bad news! ๐ Upexi raised $200 million to expand its Solana holdings, and Solana ETFs saw strong institutional inflows ๐ผ. Despite this, a decrease in trading volume and overall market volatility have kept traders cautious.
๐น Key stats:
24h trading range: 155.66 to 166.82 USDT ๐
Market cap: Still strong among top cryptos ๐ช
Volume: Fluctuating between $4.5B and $9.54B ๐ฐ
๐ New features include Shariah-compliant staking and flexible soft staking options, bringing more options to investors.
Conclusion: Solana is still holding strong amidst developer debates and market fluctuations, but the cautious sentiment among traders raises the question: Will institutional interest be enough to drive sustained growth in the face of market volatility?
"TIMELY DECISION LEADS TO GREAT SUCCESS "
"SMART TRADES = SWEET PROFITS "
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