Solana DEX Volumes Hit 2024 Lows, Signal Possible Drop to $75

Solana’s decentralized exchange volumes have fallen to their lowest point in 2024, raising concerns about a further price drop for SOL to $75. Despite declining trade volume, the network’s DApp revenue still indicates some resilience, making the future of SOL uncertain. Investors are now closely watching whether SOL can hold above the $80 support level amidst these declining metrics.