5 Reasons Why Today's 3% Drop in Solana Doesn't Make Sense

Solana (CRYPTO: SOL) is among the top-tier mega-cap cryptocurrency projects I continue to think has plenty of long-term upside ahead for investors. In fact, this view has been bolstered by several key catalysts that I will discuss in more detail shortly.However, today's price action in Solana tells a very different story than the headlines circulating would have us believe. A confluence of macroeconomic headwinds and increasingly pessimistic sentiment surrounding digital assets today has led to a sharp 3.2% 24-hour decline in Solana, as of 5:00 p.m. ET. That's outpacing the broader crypto market's decline of 2.7% over the same period. Many of the same bearish catalysts are at play as I discussed in earlier pieces today, so I won't touch on those as much. However, I wanted to touch on five key catalysts for Solana I see as perhaps more integral to the long-term investing thesis around this token, which clearly aren't getting priced in right now. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool