Solana Volume Skyrockets 300% as SOL Price Eyes Rebound

Cover image via U.Today

Solana (SOL) is experiencing a resurgence after a significant sell-off, its most brutal in the past year. Following a drop below $100 last week, the market is showing signs of recovery, evidenced by a substantial increase in SOL trading volume. At the time of writing, this volume has surged 303% in the last 24 hours, reaching $6,566,348,328.39.

Is a Solana rebound imminent?

Currently, trading volume is driving a shift in Solana sentiment, with the price decline slowing. SOL is trading at $101.21, down 14.77% in the last 24 hours. Previous：Without Next：Without