Can SOL Reverse The Massive 40% YoY Price Collapse?
Solana price is down by a lot. The Solana chart has closed with red candles for 3 months straight, leaving many traders in disbelief over how bad the price action has been. When you zoom out, something feels off.
With only 11 days left in 2025, SOL is still set to surpass ETH in annual revenue for the first time. This is mainly due to the strong start of the year. In recent months, however, these metrics have declined significantly.
Total Solana traders are down 87% from the January highs, falling from 4.8 million active wallets to just 624,000.
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Can SOL Reverse The Massive 40% YoY Price Collapse?
Solana price is down by a lot. The Solana chart has closed with red candles for 3 months straight, leaving many traders in disbelief over how bad the price action has been. When you zoom out, something feels off.
With only 11 days left in 2025, SOL is still set to surpass ETH in annual revenue for the first time. This is mainly due to the strong start of the year. In recent months, however, these metrics have declined significantly.
Total Solana traders are down 87% from the January highs, falling from 4.8 million active wallets to just 624,000.