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Solana (SOL) Warning: Is a 40% Crash Next?

  • Solana (SOL) has experienced a 15% daily drop amid global trade war panic.
  • Analysts warn of a potential further drop to as low as $60.
  • The recent crash coincided with a decrease in total value locked (TVL) and DEX volume, signaling low user engagement and traders' confidence.
  • Earlier this month, a large amount of SOL tokens were unlocked and sold off, increasing circulating supply and potentially causing panic among investors.

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