Data: 30,000 SOL transferred from an anonymous address, worth approximately $236,640.

Solana Price Faces Bearish Pressure with $57 Fibonacci Extension in Sight

Key Insights: Solana’s price faces a bearish shift after losing key support, with $170 now acting as resistance. Low-volume bounces signal weak demand, leaving Solana vulnerable to further downside pressure. The $57 Fibonacci extension could become a critical zone for Solana’s price

Solana Drops to Two-Year Lows — What Can NVIDIA’s 2008 Fractal Tell Us?

Key Takeaways _Solana has dropped to two-year lows near $80, losing over 42% in the past month._ _SOL has broken below both the 100 MA

Meme decline, narrative cooling: losing the $80 mark, has Solana's cycle bonus ended?

Solana has recently faced a market winter, with its token SOL price dropping from a high of $295 to $80, a decline of 71%. Factors such as the cooling of the Meme craze, weakening of ecosystem narratives, and increased competition have led to a decrease in activity within the Solana ecosystem. Additionally, purchases of SOL by digital asset treasuries have failed to offset overall market pressure, shaking investor confidence.