SOL price action lags the wider altcoin market: Is Solana’s heyday over?
SOL falls behind multiple altcoin competitors as its onchain activity, fee and DApp revenues slump. Cointelegraph explains why.
Key takeaways:
SOL lagged the altcoin market as falling fees and DApp revenues signaled weaker Solana network demand.
Growth shifted to Base, Arbitrum, Polygon and BNB Chain, reducing the odds of a near-term SOL rebound.
