Solana (SOL)

Solana (SOL) trades at $83 after a 5.2% weekly decline, shedding $4.6 billion in market capitalization. This drop erodes its ‘Ethereum killer’ narrative, as it now trails BNB’s $83 billion market cap by 55% in relative valuation. Network data shows transaction fees fell to $0.0012 per transfer, 0.08% lower than the average for layer-1 blockchains. Compared to TRON’s mild 2.1% weekly loss at #8, Solana’s descent is 3.1% steeper, marking it as the second-worst performer among the top eight.