Solana (SOL) Stumbles As Market Action Remains Anemic

Alex Dovbnya

Solana (SOL) is down 5% as the broader cryptocurrency market struggles to get back on its feet

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The price of Solana (SOL) is down about 6% in the past 24 hours, according to CoinMarketCap Data

This makes it the bigger laggard among the top altcoins next to Avalanche (AVAX).

Ethereum (ETH) is down about 4%, performing slightly worse than Cardano (ADA).

Bitcoin is also trading in the red today, falling more than 3%. The top cryptocurrency is failing to regain momentum after recently regaining the $45,000 level for the first time in weeks.

Its total market cap is currently $1.83 trillion.

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