Solana’s impressive rise from under $10 to nearly $300 has been fueled by memecoin activity and support for U.S.-based initiatives. However, recent market trends have revealed concerning signals. While Bitcoin (BTC) struggles near $82,300, Solana’s decentralized exchange (DEX) volume continues to plummet, casting doubt on its future. Analysts like Kyle suggest the price decline is not just a dip but a significant structural issue within the network. Despite hovering near the $112 support level, the ongoing weakness raises concerns about potential recovery. Meanwhile, crypto experts are closely watching Bitcoin’s performance and stock market volatility for clues regarding the future direction of the cryptocurrency market.