The post Solana Loses Billions From Its Market Cap Amid Broader Market Downturn appeared first on Coinpedia Fintech News
Solana has declined by at least 11% in the past week amidst the general market downturn and negative investor sentiment across the crypto market. Due to the bearish run, Solana descended about 5% and billions of dollars in market value since yesterday. The Solana price slumped as low as $123.42 on Monday. The co-founder and CEO of Helius Labs hinted that the headwind might continue this week. He stressed that the aggressive dumping, manipulation, etc has intensified and claimed that crypto is over as he claimed to have offloaded all his crypto holdings.