Solana Price Consolidates Below $78 as Open Interest Declines: What’s Next for SOL?

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The post Solana Price Consolidates Below $78 as Open Interest Declines: What’s Next for SOL? appeared first on Coinpedia Fintech News

Solana’s price has been stuck within a descending channel, forming lower highs and lows as the bears seem to be in control. The price is trading at $73.53 with a drop of 1.02%, while the trading volume also decreased slightly by 13.44%. While SOL’s technical structure remains cautious, derivatives and on-chain data present a mixed …