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Why Solana Absolutely Tanked This Weekend

TheMotleyFool

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Why Solana Absolutely Tanked This Weekend: https://g.foolcdn.com/editorial/images/852039/selloff.jpg

The one-week stock chart for Solana (CRYPTO: SOL) is somewhat discouraging, particularly for bulls who believe in this project's long-term upside. Solana has declined 11% over the past week, as of 10:30 a.m. ET on Friday, posting one of the largest weekly declines among its mega-cap cryptocurrency counterparts.

Let's dive into what's driving so much turmoil for investors in the world's seventh-largest digital asset right now.

Source: Getty Images.

Source Fool.com