Solana’s Price Rollercoaster: Opportunities and Risks for Crypto Payroll
Solana’s been having a bit of a wild ride lately, and its price volatility brings a mixed bag of challenges and opportunities for companies wanting to dive into crypto payroll. Let’s break down how this affects decentralized organizations and what it means for those of us looking to get paid in cryptocurrency.
Current Situation: What’s Happening with Solana’s Price?
Here’s the deal – Solana’s trading is currently bouncing around a descending channel. Recently, it got rejected from the Fair Value Gap zone that sits between $165 and $175. This shift has put sellers in the driver’s seat, pushing the price down to around $157-$160, which is a key support level. The market cap is sitting around $87.46 billion with a trading volume of $3.42…
