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August 18, 2025

Solana and XRP Experience 5% Setback Amid Profit-Taking Actions

Solana (SOL) and XRP face a notable 5% drop in value as traders engage in profit-taking after recent price rallies. Currently, SOL is hovering around approximately $181, reflecting a near 6% decline over the past 24 hours. XRP is trading at around $2.97, down roughly 5% in the same timeframe. The recent market activities suggest traders are capitalizing on gains after a bullish run. As the market fluctuates, traders and investors should consider these movements critically to align their strategies effectively. Understanding the reasons behind these trends can help refine future trading decisions.

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