Solana is entering March under considerable pressure. SOL has experienced a decline of over 31% on a monthly basis, losing 17% in February alone. However, the price drop in Solana is only the tip of the iceberg. Beneath the surface, the economic engine that sustains Solana until late 2025 – the memecoin ecosystem – has completely collapsed. Therefore, looking at both on-chain data and holder, cryptocurrency exchange transfers, and decentralized cryptocurrency exchange (DEX) activity, the picture becomes clear: the selling pressure is not temporary, but structural.#BuyTheDipOrWaitNow?
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Solana is entering March under considerable pressure. SOL has experienced a decline of over 31% on a monthly basis, losing 17% in February alone. However, the price drop in Solana is only the tip of the iceberg. Beneath the surface, the economic engine that sustains Solana until late 2025 – the memecoin ecosystem – has completely collapsed. Therefore, looking at both on-chain data and holder, cryptocurrency exchange transfers, and decentralized cryptocurrency exchange (DEX) activity, the picture becomes clear: the selling pressure is not temporary, but structural.#BuyTheDipOrWaitNow?