Solana Price Plummets Despite Community Optimism

Despite recent efforts to bounce back, Solana’s ($SOL) price has experienced a persistent downward trend. Over the past 24 hours, the coin has seen a notable drop of approximately 1.97%, currently trading at $126.21 – reflecting a slight decline from earlier levels around $128.51. While this dip is temporary, market observers remain optimistic about Solana’s long-term potential despite these short-term fluctuations. This persistent downturn has sparked discussions within the community, raising questions about the future trajectory of the cryptocurrency.