Solana DApps revenue falls to 18-month low as SOL price risks $80 retest
Weakening onchain activity and bearish derivatives data suggest that a SOL price recovery will take longer than most investors anticipate.
Key takeaways:
SOL derivatives signal bearish sentiment as funding rates hit 0% and put (sell) options trade at a premium.
While Solana leads in DEX volume, it faces stiff competition from Hyperliquid in the perpetual contracts sector.
Read more
