Mayor_Bensolo (mayorbensolo.base.eth)
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$SOL is trading around $139.60 Daily trading volume is about $3.3B Network fees remain extremely low, often just fractions of a cent What this means Solana continues to show real usage and strong activity. High volume, smooth performance, and cheap transactions point to a network that is actually being used, not just talked about.
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Solana is cooling off a bit, hovering near key support after recent volatility. Ecosystem activity stays strong, but price action is cautious as the broader crypto market takes a breather. $SOL #SOLANA #CRYPTO
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US consumer confidence is flashing red: The US Consumer Confidence index dropped -3.8 points in December, to 89.1, the lowest since April. This marks the 5th consecutive monthly decline. Excluding April, the index is now at the lowest level since January 2021. The Present Situation index fell -9.6 points, to 116.8, the lowest since February 2021. The Expectations Index remained unchanged at 70.7 points, the lowest since June. The Expectations Index has now held below 80 for 11 consecutive months, a level that has historically signaled a recession ahead. Asset owners are the only winners.
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GM base users!
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