Solana (SOL), a type of cryptocurrency, recently went down in price! It lost a lot of value, falling about 17% in just a few days. This happened around the same time as a new silly cryptocurrency called Libra came out. But the drop wasn't just because of Libra.
- Solana's price fell because people were using its apps less.
- The amount of money used in Solana's apps also dropped a lot.
- A big amount of Solana coins will be released soon, which might make the price go down further.
| Fact | Number |
|---|---|
| SOL price drop | 17% |
| Libra price crash | 83% |
| Solana's market cap loss (approximate) | $18 billion |
| Solana's daily volume drop | 91% |
| Upcoming SOL release (approximate) | 15 million |
