Solana, one of the leading cryptocurrencies, is facing criticism for its poor performance and vulnerability in the current market. The asset's price chart shows a decline and inability to sustain bullish momentum, causing doubt among investors. The recent boom and bust of meme coins on Solana's network have contributed to its difficulties, leading to instability and mistrust. The network's usefulness and wider adoption are also being questioned. Solana has immediate support levels at $210, $191, and $170, and a recovery above $240 would be necessary for an upside trend. This highlights the challenges of maintaining a top-tier position in the volatile crypto market. Investors are advised to be cautious as Solana tries to regain stability.
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