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Solana's SOL Dips 5% Amid Fading Memecoin Trading Activity on Network
coindesk.com/markets/2025/05/31/solanas-sol-dips-5-amid-fading-memecoin-trading-activity-on-network
fell more than 5% over the past 24 hours, rattled by geopolitical tensions and waning memecoin activity on its network. The token dropped from $163.72 to a low of $154.99 as a combination of market uncertainty and declining network revenue put pressure on its price.
The decline coincides…
This story appeared on coindesk.com, 2025-05-31 10:04:31.