Why is Solana (SOL) price down today?

Top catalysts driving the SOL price lower includ

Why is Solana (SOL) price down today?

Top catalysts driving the SOL price lower include weakness in the SOL/ETH pair and stagnant inflows into the Solana ecosystem.

SOL/USD daily price chart. Source: TradingView
SOL/ETH daily price chart. Source: TradingView
Ether and Solana crypto market dominance comparison. Source: TradingView
Crypto funds net flows. Source: CoinShares
Solana and its top dapps TVL performance. Source: Defi Llama
U.S. dollar index versus SOL/USD daily performance chart. Source: TradingView
Total daily DEX users on the Solana blockchain. Source: Dune Analytics
SOL/USD daily price chart. Source: TradingView Add reaction

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