Shiba Inu (SHIB) is showing signs of a prolonged trading slump, reaching its lowest trading volume in four months. The lack of buying interest could be attributed to the stagnant performance of the cryptocurrency market, which has caused SHIB support to lose confidence in a potential rally for the meme-based token. Cardano (ADA) is currently teetering on a new support level and could potentially experience a reversal of the asset's downtrend. However, the overall bearish sentiment in the market is making it difficult to anticipate the token's short-term prospects. Meanwhile, Solana (SOL) is showing signs of recovering from a choppy market following the FTX implosion. Increasing network activity is a cause for optimism, suggesting that the token could benefit from the broader market rebound in the coming weeks and potentially regain lost ground.



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