Cointelegraph.com NewsKey takeaways: SOL/ETH has broken below a rising wedge pattern, signaling a potential 40% decline.Solana’s memecoin revenue has collapsed since April, weakening its core value proposition.Standard Chartered warns Solana may underperform as Ethereum’s L2 ecosystem grows more competitive.Solana’s (SOL) multiyear outperformance against Ethereum’s native token, Ether (ETH), is losing momentum, with technical breakdowns and weakening onchain activity pointing to a…
Key takeaways: SOL/ETH has broken below a rising wedge pattern, signaling a potential 40% decline.Solana’s memecoin revenue has collapsed since April, weakening its core value proposition.Standard Chartered warns Solana may underperform as Ethereum’s L2 ecosystem grows more competitive.Solana’s (SOL) multiyear outperformance against Ethereum’s native token, Ether (ETH), is losing momentum, with technical breakdowns and weakening onchain activity pointing to a…
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