Solana’s reliance on memecoins threatens long-term growth as Ethereum gains strength through layer-2 expansion.
Key takeaways:
SOL/ETH has broken below a rising wedge pattern, signaling a potential 40% decline.
Solana’s memecoin revenue has collapsed since April, weakening its core value proposition.
Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.
Privacy Policy Terms and Conditions
