Solana Suffers 10% Weekly Drop Despite Strong On-Chain Growth Metrics

Despite maintaining strong on-chain fundamentals, Solana (SOL) has seen a 10% decline over the past week, making it one of the worst-performing top Layer-1 cryptocurrencies in the same timeframe. The blockchain’s Total Value Locked (TVL) rose 2.67% in the past 24 hours, with consistent user retention and a 500% month-on-month surge in stablecoin volume. However, […]