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The altcoin’s abrupt price surge has fueled speculation that the altcoin is being targeted by a pump-and-dump group.
The SOL price has dumped to its lowest point since March 2021.
APT is trading inside a descending parallel channel.
Solana network faltered anew, as the crypto space's “Ethereum Killer” goes offline courtesy of faulty mechanics in its system.
Now-redundant, Ethereum miners are flocking to other proof-of-work (PoW) tokens after the network switched to a proof-of-stake (PoS) consensus mechanism.