<ul><li>Solana's native token, SOL, is down 4% amid minor corrections across the broader crypto market.</li><li>Key factors driving the SOL prices lower today include a drop in network activity and total value locked.</li><li>SOL's price drop is preceded by a drop in the total value locked (TVL) in its DeFi applications, which has been experiencing a downtrend since mid-January.</li><li>SOL is trading within a bear flag pattern, indicating the possibility of continuing with the downward momentum if key support levels don't hold.</li></ul>

Why is Solana (SOL) price down today?

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