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Solana faces potential further losses as price weakens and DEX trader activity hits a 3-year low.

Technical Signals
28 Mar 2026
Coinpaper
View Source
Bearish
pluang ai news

Solana's price action shows signs of a bearish breakdown from a rising wedge pattern, suggesting the recent recovery may be temporary and further declines could follow. Additionally, decentralized exchange (DEX) trader activity on Solana has dropped to its lowest level in about three years, indicating reduced participation and speculative interest. These technical and on-chain signals highlight weakening momentum for Solana, raising concerns about its near-term trend and ecosystem engagement.

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