Crypto update: Solana drops 1.60% to $195.27 at midday

Despite the dip, Solana continues to attract developers and institutional investors, with its growing ecosystem in DeFi, NFTs, and Web3 applications.

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February 12, 2025 – Solana (SOL-USD) saw a decline of 1.60%, bringing its price down to $195.27 as of 12:26 PM EST. The cryptocurrency traded within a range of $189.85 to $198.27, reflecting a period of market correction after recent gains.

With a market capitalization of $95.33 billion and a 24-hour trading volume of $4.02 billion, Solana remains one of the top blockchain networks, known for its high-speed transactions and low fees. Over the past year, SOL has fluctuated between $98.59 and $294.33, showcasing both volatility and strong investor interest.

Despite the dip, Solana continues to attract developers and institutional investors, with its growing ecosystem in DeFi, NFTs, and Web3 applications.

Warning: Cryptocurrency markets are highly volatile and subject to rapid changes. Investors should conduct thorough research and consider financial advice before making any investment decisions.