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Crypto

Solana Falters at $73 Resistance Amid Cautious Crypto Market

Guavy AI Editorial Team
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SOL
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Solana (SOL) is trading near $73 amid a cautious crypto market. Despite facing resistance around $74.9-$75.8, institutional participation grows with MoneyGram joining as a validator and governance improvements via the Solana Governance Proposal system.

However, security concerns rise due to AI-driven scams, while weak decentralized exchange activity dampens organic demand. Michael Coates, the new Chief Information Security Officer at Solana Foundation, warns that AI-powered social engineering and fake identities will drive the next wave of crypto security threats.

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