Solana is currently experiencing a minor recovery above $120, leading to anticipation of a bullish comeback. However, declining revenues and warning of a potential crash are causing concern. Solana has seen a 14% drop in the past seven days and a decline of nearly 60% from its all-time high. Analysts are cautioning that the recent spike in Solana's real economic value was driven by meme coin trading, which has since decreased, resulting in a significant drop in the network's ability to generate transaction fees. Technical analysts are also pointing out a double-top formation in the price trend, suggesting the possibility of a downswing below $1.



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