Solana price drops 43% amid ecosystem issues despite $750M USDC minting and Visa partnership

Solana's token price has fallen 43% over four months despite a $750 million USDC mint and partnerships with Visa and Western Union enhancing its payment infrastructure role. Key projects like Lifinity and Magic Eden have shut down, raising concerns about ecosystem stability. Market sentiment is cautious, doubting Solana will reach the $170 price target in May. Investors will watch for new developments from Solana Labs and geopolitical factors affecting stablecoin demand.