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Altcoins & DeFi

Solana drops below $105 as Yuga Labs launches NFT cards

Image: crypto.news

Yuga Labs has launched Mudwater, a physical and digital trading card collection on Solana, allowing Bored Ape Yacht Club and Mutant Ape Yacht Club holders to claim free packs from a limited supply of 240,000. In an October 18 announcement , Yuga Labs confirmed that the collection was live and that eligible NFT holders could begin claiming their cards. The release introduces 120 designs, rare collectible editions and an ApeCoin reward mechanism linked to NFT trading. The launch arrives while Solana (SOL) faces renewed selling pressure. CoinGecko data placed the token near $104, down approximately 5.6% over seven days, after retreating from its earlier rally toward $120.

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