Hey kids! Ever heard of Solana? It's a super-fast way to buy and sell crypto. Recently, things have been a bit slow on Solana's online stores for crypto (called DEXs). Let's find out why!
- Solana DEXs (like online shops for crypto) saw less trading.
- Trading went down because people are tired of risky meme coins.
- Some Solana coins were suddenly taken away (a rug pull!), making people worried.
- More Solana coins will be available soon, which might also affect prices.
| Fact | Number |
|---|---|
| Lowest trading volume since mid-December | $2.61 billion |
| Solana's weekly trading volume drop | $20.2 billion |
| SOL price drop from January peak | 40% |
| SOL price drop last week | 10% |
| Upcoming SOL unlock date | March 1st |
| Amount of SOL to be unlocked | 11.2 million |
