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Solana (SOL) continues to lead decentralized exchange (DEX) trading volumes, reaching $49.46 billion in March and outperforming Ethereum by 32%. The network's fundamentals are being further strengthened by the introduction of the Alpenglow protocol upgrade, aimed at enhancing efficiency. Currently trading at $83.49, Solana's price action is navigating a broader risk-off sentiment across global financial markets. Despite this macro pressure, a rebound in DEX activity is providing crucial support to the network's long-term outlook. Technical analysts are closely watching the $80.90 support level, while the Relative Strength Index (RSI) remains neutral at 42.20. This combination of protocol upgrades and high network utility maintains the narrative for potential long-term targets of $1,000.
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