The price of Solan is in the last 24 hours as the sale of pressure mount as a sale of 9%.
According to Crypto, Solana (Sol) has been one of the worst artists in the last 24 hours, about 9%below. After being opened at $ 177.92, it fell below $ 170, according to it Historical data of coingeckoThe last time Sol was trading at this level, was in late 2024 October, when it closed at $ 170.56 after opening at $ 164.34.
At the time of writing, Solan’s Intrade is high $ 186, while Intrade is worth $ 164, priced more than $ 22. If the price is closed below the $ 165 support level, it may move towards $ 150 in the near period.
Meanwhile, Sol’s trading volume has increased by 76% in the last 24 hours, showing an increase in increased sales pressure and volatility. Increase in trading activity suggests that investors are either raising profits or cutting losses amid the possibility of further falling price. Said, some investors may be DipTaking advantage of rare opportunity.
Sol’s price conflict is partly recently linked to Solana-based wallets on Solana Network with high-profile rugs scams, fraud projects, most specially Tula (Tula) and Melania (Melania (Melania)). Excessive, Data from Lukanchen The $ 772 million worth of Stabecrims has taken out of Solan’s ecosystem in the previous week, suggesting a decline in investor trust in the network.
