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CoinGape

Solana price at risk of prolonged correction. Here are 5 reasons it could be dethroned soon

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Solana price is 0.3% to $ 135 in the U.S. trading session on Friday .

High-performance blockchains such as Aptos and Avalanche are gaining traction with faster transactions and better security features, positioning them to dethrone Solana .

Ongoing scams and vulnerabilities in Solana 's ecosystem, like recent hacking incidents, could further erode user trust.

FTX/Alameda-linked wallet address has unstaked over $1 billion worth of SOL .

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