Solana could lag Ethereum as meme coin activity dips
Solana’s current funding rate sits at -0.0002%, signalling short pressure. Solana DEX volumes fell behind Ethereum earlier this year. Accumulation of SOL suggests long-term investor confidence remains. Standard Chartered has cautioned that Solana (SOL) could underperform Ethereum (ETH) due to fading meme coin activity, a key driver of Solana’s on-chain volume in recent quarters. While […]
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