As the traditional “sell in May” sentiment approaches, Solana has found itself experiencing a rather curious divergence. Prices have dropped slightly, but the network has exploded with activity and development. In just one week, there were over 325,000 new tokens launched on Solana, and significant overall growth in the ecosystem. Prices are, of course, the most notable metric that people pay attention to. But what’s happening on the Solana network seems completely at odds with the price action. Market Wobbles as Ecosystem Expands Notwithstanding the encouraging ecosystem metrics, Solana’s native token SOL saw a slight pullback. Over the past week,
The post Solana’s Week in Review: Mixed Signals Amid Ecosystem Surge and Market Uncertainty appeared first on The Merkle News.
