Crypto
Solana Price Slumps Below $120 Amid Short-Term Pressure
Solana's price has dropped below $120 after experiencing a decline to $116.95 on September 29th.
The token had risen to nearly $125 at the end of the week, but has been under short-term pressure for two days.
Despite this, Solana ETFs saw inflows of $188 million last week, with Bitwise investing $128 million.
The total stablecoin reserves on the network have increased to $17 billion, supporting its growing adoption trend.