Lately, Solana [SOL] has registered a slight decline in fees, which indicated less user activity on the network. Not only that, but SOL’s price action also favored the bears as its price went down by over 4.5% in the last 24 hours. According to CoinMarketCap, at press time, it was trading at $21.69 with a market capitalization of over $8.3 billion.
Read Solana’s [SOL] Price Prediction 2023-24
While Solana’s performance was undermining, BONK, which is a meme token on the Solana network, performed well. As per CoinGecko’s data, BONK outperformed the rest in the network and became the highest gainer in the last seven days, followed by GMT and AUDIO.
<p lang=«en» dir=«ltr» xml:lang=«en»>Weekly Gainers in Solana Ecosystem Read more on ambcrypto.com