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Cryptocurrency News Video

SOL token: what’s behind the 12.75% drop?

Apr 03, 2025 at 09:25 pm Blockchain_central

On April 3rd, the Solana (SOL) token experienced a notable drop of nearly 12.75%, plummeting to a three-week low of $112.50. In this video, we dive deep into the factors behind this decline, including the impact of President Trump's 'Liberation Day' tariffs that have heightened trade tensions, pushing investors away from riskier assets. We also discuss the alarming decrease in demand in Solana's futures market and the implications of negative funding rates. With technical indicators pointing towards further declines, we analyze what this means for SOL moving forward. Don’t forget to like and share this video for more in-depth cryptocurrency insights! #Solana #SOL #CryptoNews #Cryptocurrency #MarketAnalysis
Video source:Youtube

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