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Crypto

Solana Steadies Amid Broader Crypto Market Weakness

Guavy AI Editorial Team
Instruments
SOL
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After a month of steep losses, Solana (SOL) stabilized this week as institutional flows turned positive and on-chain activity pushed to fresh highs.

The token's market capitalization has been steadily increasing since February 17, when it traded near $83. This marks the healthiest weekly close for SOL after losing over 40% of its value in the past 30 days.

Despite a fragile market sentiment, Solana's relative resilience coincided with accelerating institutional onboarding and new milestones across decentralized finance (DeFi), staking, and tokenization.

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