SOL holds $205 support as crypto market tumbles on US jobs data
- Solana price plunges 6.4% to find support at $205 on Tuesday, stronger than expected US jobs data sparked rapid liquidations across markets.
- Solana recorded 5 million daily first signers on Monday, signaling persistent network growth.
- The rising popularity of crypto AI agent memes like Fartcoin and Pudgy Penguins has accelerated Solana user acquisition rate.
Solana price held firmly above $205 mark on Tuesday as hawkish undertones in the latest US JOLTs jobs sparked bearish market reactions. Can Solana’s rising network growth provide a buffer for SOL spot prices against rising volatility?
Solana price holds $200 support amid crypto market pullback
Solana price experienced intense volatility as the global…
