Story Highlights* Weekly token launches on Solana have plunged to their lowest since October 2024, weakening network demand for SOL.
The decline in launches and SOL’s price plunge are feeding into a negative cycle—but this reset could also pave the way for stronger, fundamentals-driven growth in the future.
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Solana (SOL) Price Plunges as Token Launches Hit 11-Month Low—Is the Hype Cycle Over?
Story Highlights* Weekly token launches on Solana have plunged to their lowest since October 2024, weakening network demand for SOL.