Why is Solana (SOL) price falling today?

Solana price East down 13% For THE week, breeding concerns on if GROUND price can socket THE $100 support.

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Solana's native token, (GROUND) East down 13% on THE pass 7 days And THE drop has $101 has distanced Solana Since THE high 3 suitors In walk capitalization. THE constant decline In GROUND price could lead investors has fear that THE peak request has pass For GROUND as THE airdrop frenzy calms down. Judge by Solana of the network activity relative has in competition blockchains, THE outlook favors bearish momentum.

Weak performance Since Solana's SPL tokens align with drop In network activity

Part of GROUND price correction can be assigned has THE negative performance of THE Solana SPL tokens, including Jito (JTO), Jupiter (JUP) And dog hat (WIF), respectively down by 17%, 16% And 18% Since Feb. 19. Therefore, investors that were anticipating earnings Since potential airdrops are negatively impacted as future Advertisement are often Dear In relationship has THE existing alternatives.

THE request For GROUND do not rely on ex...