SOL and ETH Plunge to 365-Day Lows as Market Selloff Accelerates

In Brief:

Solana (SOL) dropped 13% in the past 24 hours, now at $103.40.

Ethereum (ETH) also fell 13%, trading at $1,564.60—both marking 1-year lows.

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According to OKX market data, two of the top crypto assets—Solana and Ethereum—have reached their lowest price levels in a year. SOL is down 13.92% over the last 24 hours, currently trading at $103.40. ETH has similarly fallen 13.77% in the same time frame, now sitting at $1,564.60.

The sharp declines follow a broader selloff across the crypto market, likely influenced by macroeconomic concerns and weakening investor sentiment. Both assets are now back at price levels not seen since early April 2023.

This comes amid wider pressure on altcoins and risk assets, with many traders rotating into stablecoins or cash while volatility remains elevated.

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