Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
SOL Price Analysis
Recent Solana Price Dip Signals Instability within its Blockchain System
Solana is currently experiencing a downward price trend. At press time, the crypto is selling at $157.73, facing a 4.8% loss within a day. The Solana Price dip came a week later when the coin's value made its way to the $200 mark. As per a tweet from Solana, the network has an overload that is encouraging denial of service. A Network Exhaustion on Solana Solana functions as a blockchain network enabling developers to build decentralized applications. The open-source protocol extends…
4 years ago