Solana, Cardano, and Avalanche have faced significant losses, declining by approximately 5.6%, 5.5%, and 5.8% respectively. Overall, the crypto market sees a 4.3% drop, with Bitcoin down 2.2%.
Despite recent setbacks, Solana has seen a notable 17.5% growth this week, now priced at 125.32 USD, yet it remains down by 2.8% for the month.
Positive news for Solana includes Canadian regulators approving spot-traded Solana ETFs, indicating potential growth for its ecosystem, despite ongoing challenges in the U.S. Market.
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