Here's What's Driving Today's Move Lower in Solana
Solana (CRYPTO: SOL) is one of the more intriguing cryptocurrencies to follow.
As one of the fastest and lowest-cost blockchains out there, supporting a plethora of decentralized finance (DeFi) applications, Solana's blockchain has become synonymous with utility generation. That's a good thing, and it's a central part of this network's investment thesis I think investors need to pay attention to.
That said, today's price action among risk assets in both the equity and crypto markets is growing increasingly bearish. For Solana investors specifically, this sell-off has translated into a 24-hour move lower of around 2.1% as of 2:15 p.m. ET, with this decline actually breaching the 3% level in earlier trading.
Source Fool.com
