US President Donald Trump’s “Strategic Bitcoin $81,701.23 Despite the reserve ”decision, developments in the financial markets have led to a harsh decline in the crypto currency market. Altcoin Solana (Left) also fell to $ 114 by taking its share of this decline. Despite the price attempt to recover, the decrease in in -chain data increases concerns in Altcoin. The fact that the price decreased to the lowest level of the last 3 years and the 93 percent of the network in the network collapses investors. Experts warn that the left Cpin can test the short term of $ 100 in the short term.
Solana’s price is at the lowest level of the last 3 years
Solana’s real estate price (average cost -based) has fallen from $ 134 to $ 114 and has seen the lowest level since May 2022. This shows that an average left investor is in harm. Historical data shows that assets that fall below the realized price are likely to encounter sales pressure.
Altcoin In -chain activity is also worried. Solana networkThe income of the income has decreased to the lowest level (4 million dollars) since September 2024, while the revenues of decentralized applications (DApps) decreased by 86 percent. The total value (TVL) on the network fell from $ 12 billion to 6.38 billion dollars.
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Decreased interest in Memecoins and the stagnation in the process volume on the network stands out as factors that trigger the depreciation of the left.
What are the expectations for the left price?
LEFT‘s price is trying to balance at the level of $ 127, but technical indicators give signals of weakness. EMA maintains the risk of decrease due to the fact that the price RSI is at 44 levels under the trend lines. Analysts say that $ 110 is a critical support point for Altcoin. Under this level, a permanent loss is expected to test 100 dollars.
On the other hand, if the resistance of $ 139 is exceeded, the rise signals can strengthen and increase expectations. However, the general adverse air and macroeconomic uncertainties in the market Left coinIt makes it difficult for it to recover. Investors closely monitor the FED’s interest policies and developments in global trade wars.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
