Solana (SOL) traded modestly higher on Friday, hovering around the $78 level, as a short-term technical bounce competed with fresh concerns over wallet security and intensifying platform competition from a newly launched Ethereum (ETH) layer-2 backed by Robinhood. As of Friday ET, SOL was changing hands at about $78.19, up 0.54% on the day, after a week of declines.
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