⏬ Solana Extends Losses, Underperforms Bitcoin Amid Meme Coin Collapse

Solana (SOL) has dropped 32% in the past 30 days, significantly underperforming Bitcoin (-8%) and Ethereum (-17%). The decline is linked to the fading meme coin hype, with concerns over pump-and-dump schemes on the network. At $169.74, SOL is down 8.47% in 24 hours and 16.16% over the past week, fueling skepticism about its market stability.