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Solana Funding Rate Drops 81% and Participation Reaches December Lows

Solana Funding Rate Drops 81%, Participation Reaches December Lows

Solana’s funding rate has dropped by 81% in the last 48 hours, signaling a shift in market sentiment. This, coupled with participation hitting December lows, has raised concerns about potential volatility. Traders are becoming more cautious, with Solana’s price hovering near multi-week lows. Analysts warn that weak user engagement could lead to further price fluctuations, making Solana’s future uncertain.

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