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SOL struggles as Solana TVL slides and memecoin demand fades

SOL demand cools as its total value locked drops by $10 billion and memecoin trading slumps. Traders’ lack of appetite for long leverage could further complicate the situation.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

SOL struggles as Solana TVL slides and memecoin demand fades

SOL demand cools as its total value locked drops by $10 billion and memecoin trading slumps. Traders’ lack of appetite for long leverage could further complicate the situation.

Why this matters

This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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