Hey kids! Did you know that some digital money, called cryptocurrency, is having some ups and downs? Solana, a type of cryptocurrency network, is going through a bit of a slump. Let's learn about what happened!
- Solana's money (revenue) went way down – from $55 million to just $4 million!
- This happened because people are less interested in 'memecoins,' which are silly cryptocurrencies.
- The value of memecoins and Solana itself dropped a lot.
- Solana's price went down from $293 to around $122.
| Thing | Before | After |
|---|---|---|
| Solana Weekly Revenue | $55.3 million | $4 million |
| Solana's Total Value | Over $12 billion | Around $6.4 billion |
| Memecoin Market Cap | $137 billion | $44 billion |
| SOL Price | $293 | $122 |
