Solana not showing performance you would expect
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Meme coins have sparked less enthusiasm, raising concerns about the network's usefulness and wider uptake. Technically speaking, Solana has immediate support around $210, with additional crucial levels at $191 and $170. The decline in Solana might be more severe if these levels do not hold. Recovering the $240 level and breaking back above the descending channel would be necessary for the upside to pick up steam. Despite its past potential as a top-tier blockchain, Solana's recent performance shows how difficult it is to hold onto that position in the face of fluctuating market conditions and speculative bubbles. As the asset attempts to regain its footing, investors should proceed cautiously.
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