Solana’s on-chain data isn’t looking good right now.

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Last month, DApp revenue sank all the way down to $22 million—that’s the lowest it’s been in a year and a half. For a network that brags about its growth, you can’t just brush that number aside.

If you’re still bullish on SOL, now’s the time to pay attention. When revenue drops off like this, prices usually slip toward lower support. There's a real risk of the price retesting $80.

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Solana’s on-chain data isn’t looking good right now. | Ecency