Solana Price Struggles to Break Bearish Trend Amid Growing DeFi Activity
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.