Global Stock News

Is Solana a Good Investment After a 65% Drop From Its Record High?

Is Solana a Good Investment After a 65% Drop From Its Record High?

Quick Read

  • SOL trades 65% below its $293 record high, requiring a 189% gain and a market cap nearly tripling to $173 billion to recover.

  • Solana ETFs shed $17.3 million in net outflows the same week Alpenglow launched and JPMorgan debuted two funds on the network.

  • SOL has fallen 47% over the past year versus Bitcoin’s 27% loss and typically amplifies Bitcoin’s price swings in both directions.

  • It sounds nuts, but SoFi is giving new Active Invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)

Solana (CRYPTO:SOL) trades 65.4% below its record high of $293, which it reached on January 19, 2025. SOL trades…

Source link

Share this article

Scroll to Top