GRAM Sinks Amidst Apple's Ditching of Telegram, While Solana and Algorand Shine
The GRAM (GRAM) token is experiencing losses after Apple removed Telegram from its iOS App Store worldwide. This move weighed heavily on GRAM, which dropped to $1.29 early in the day before recovering slightly.
In contrast, Solana (SOL) has seen gains following several bullish developments. BlackRock filed with the SEC to issue tokenized fund shares on the Solana network, and a new proposal aims to reduce long-term sell pressure by doubling the disinflation rate.
Algorand (ALGO) is also edging higher after rebounding from its recent record low of $0.0757. Momentum shows early signs of recovery as the MACD rises above its signal line, turning the histogram reading positive while the RSI climbs to 63.