<ul><li>Solana (SOL) has declined 40% from its all-time high of $293 in January as the meme coin bubble bursts.</li><li>The popularity of Solana was driven by meme coin minting and speculation, which has started to fade.</li><li>Insiders have been extracting large amounts of money from Solana meme coin launches, leading to a loss of confidence.</li><li>In contrast, Ethereum (ETH) has seen a surprise move with prices topping $2,830 before falling back.</li></ul>

Solana Price Craters 40% From January High as Meme Coin Bubble Bursts

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