Crypto Turmoil Hits Solana Hard, Down More Than 8% Today
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Despite the launch of more spot Solana ETFs, investors have seen fit to take profits off the table.
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Long liquidations have surged over the past day, as investors look to rotate out of this asset class amid a market sell-off.
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Let’s dive more into the story behind the numbers.
Solana (CRYPTO: SOL) happens to be one of my top long-term picks in the cryptocurrency sector. With its ultra-fast and low-cost network driving considerable developer activity and user growth, Solana is among the leading blockchains where “stuff actually happens.” So, for investors who are bullish on the sort of real-world utility this sector can create, Solana ought to be a go-to option to at least consider.
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