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solana price declines as market sentiment weakens amid rising trading volume

Solana (SOL) has seen an 11.4% decline over the past week, currently trading at $190.75, down 3% in the last 24 hours. Despite a robust market cap of $91.46 billion, DeFi Total Value Locked has dropped to $8.239 billion, indicating reduced investor interest. However, Solana's decentralized exchange ecosystem remains strong, with DEX volume up 5.76% to $30.486 billion. The introduction of automated limit orders by Bitget Wallet aims to enhance trading efficiency amid market volatility, while immediate resistance is noted at $194, with potential declines towards $180.

bitget wallet emerges as a leading choice for cryptocurrency management in 2025

Bitget Wallet has emerged as a leading cryptocurrency wallet in 2025, offering extensive multi-chain support, an integrated NFT marketplace, and advanced trading tools. Its robust security measures, including MPC technology and a $643 million protection fund, ensure user asset safety. While the platform is user-friendly, beginners may face a learning curve due to its sophisticated features.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

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