As Solana (SOL) and Polygon (MATIC) prices dip, Everlodge investors find a silver lining. Experts suggest investors should not avoid what this new platform has to offer.

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Solana (SOL) gains high liquidity while the token trades at $21.91

Recently, Solana (SOL) shared great news. It is now listed among the top liquid altcoins on Coinbase. According to Kaiko, Solana (SOL) has more than $3 million in liquidity. Such flexible liquidity makes the assets convertible. Hence, Solana (SOL) users can convert assets into cash without any market price impact.

Furthermore, some data also suggests that Solana (SOL) is more liquid than XRP and DOGE. Despite this, Solana (SOL) couldn’t save itself from the market downturn. Moreover, the SEC lawsuit also declined its value.

The token dropped by 11.08% in the past week. Additionally, the total Solana (SOL) token volume has been over 35% down in the past 24 hours. Currently, it is trading at $21.9, a 0.98% rise in a day. Further, the price forecasts suggest the Solana (SOL) token may trade at $21.63 on average.

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Author: Crypto Daily

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