$SOL Solana (SOL) and Cardano (ADA) are leading the losses among altcoins this Wednesday, with declines of 5.6% and 5.5%, respectively, in the last 24 hours, according to data from CoinGecko.

The cryptocurrency market as a whole has retreated by 4.3%, with Bitcoin's price showing relatively better performance, falling by 2.2% in the same period.