Crypto Watch : Can #Solana Rebound To $180 ?

The volatility of cryptocurrencies spares no one, and #Solana (SOL) is no exception. After reaching a low of $125 on February 28, the native token of the Solana blockchain saw a rebound of 17 %, hinting at a possible return to $180. However, this recovery is far from guaranteed. Still down 50 % from its all-time high of $295, SOL faces several obstacles that could hinder its rise. Between the slowdown of its on-chain activity, the lack of demand in the derivatives markets, and the concentration of transaction fees in the hands of a handful of users, the Solana ecosystem is faltering. What signals might trigger a bullish rally....?