Solana’s total value locked reaches $8.6 billion, hitting six-month lows: Is SOL heading towards $80?

Currently, the price of SOL is trading significantly lower, leading analysts to indicate further declines may be on the horizon.

Solana’s total value locked has decreased drastically to 8.67 billion USD, reflecting a continuous downward trend that has been observed.

The bearish patterns in the market suggest SOL may face additional challenges, potentially dropping further in value in the upcoming weeks.