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Solana Price Extends Bearish Reach as On-Chain Volume Drops 30%

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Summary
Nutrition label

62% Informative

Solana price dropped by 12.6% in the last 24 hours to $ 122.82 during the London trading session.

Bitcoin price crashed 27% from $ 70,000 to its current price of $ 50,122 .

On-chain volume, active addresses on the network dropped from 1,350,045 to 1,264,296 in last seven days .

The Relative Strength Index (RSI) is at 29.43 , indicating the price is in oversold territory.

VR Score

39

Informative language

24

Neutral language

47

Article tone

formal

Language

English

Language complexity

35

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links