Solana analysis: SOL price unlikely to break $150 for now
Solana struggles with recovery due to weakening network activity, a declining TVL, and negative ETF flows, as a classic chart pattern targets $100. SOL’s (SOL) recent recovery stalled at $145 as Solana ETF flows flipped negative for the first time since launch. Key takeaways: Solana TVL drops 20% in November, with a 16% decline in network fees, signaling weak network demand.
No comments yet. Be the first to add a perspective.