$SOL

🚨SOLANA LIQUIDATIONS SOAR AMID DOWNTURN🚨

Following a weekend slump, the number of on-chain Solana (SOL) liquidations were 79% higher than centralized exchange activity. In total Solana had $37.4 million in on-chain liquidations with $20.9 million being recorded on-chain.

At the same time Solana’s price had taken a dip. In the last 24 hours alone Solana’s price has fallen by 5.31%, taking SOL to $181.76. Solana’s daily trading volume has increased by 50% to $5.76 billion, suggesting that investors are using this dip as an opportunity to buy low.

Solana price predictions are now mixed. Ali Charts believes that $171 is a key support for SOL. If SOL dips below this, it could fall to $150. That said, Solana could ride bullish market momentum to pass $200 before the end of August.

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