Solana (SOL), a type of cryptocurrency, has gone down in price recently! It's like the price of a toy dropping at a store. This happened because of a few reasons, making some people less excited about it.
- The US Federal Reserve, which controls money in the US, hinted at keeping interest rates high. This made people less interested in riskier investments like Solana.
- Fewer people are using the Solana network, which is like a highway for digital money. Less use means less demand.
- Some technical signals suggest Solana’s price might fall even further.
| Fact | Number |
|---|---|
| Solana's price drop in 24 hours | Over 6.25% |
| Current Solana price (approx.) | $194.50 |
| Possible future price drop (prediction) | Up to 40% |
| Solana daily transactions (Feb 12) | 23,835 |
Experts are predicting that Solana's price could drop even more, maybe to around $109. But, if it stays above a certain level, it might go back up. Remember, this is just what some people think might happen; it's not guaranteed!
