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Solana Price Struggles to Break Bearish Trend Amid Growing DeFi Activity

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BTC SOL
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Solana's price continues to hover near $73.44, stuck between bearish daily momentum and short-term stabilization.

The broader market remains cautious, with a Fear & Greed Index of 28 and Bitcoin dominance at 56.37%, limiting altcoin upside for Solana ($SOL).

Despite the challenging environment, on-chain data reveals that Solana's DEX ecosystem has experienced significant short-term trading activity.

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