Solana has fallen by 5% in the past 24 hours, with the SOL price slipping to $182 on a day when the crypto market has lost nearly 3%.
This dip still puts SOL up by 3% in a week and by 29% in a month, with the altcoin holding onto a handsome 630% increase in the past year. Today’s movement also comes after the Securities and Exchange Commission amended its legal complaint against Binance, meaning that the presiding court will no longer have to rule as to whether Solana and nine other tokens are securities.