Solana
Why Solana is down 2.1% in the last hour
Analysis
Solana (SOL) slid 2.1% over the past hour as broader market pressure kept SOL under key psychological support near $100, a level highlighted in CryptoPotato’s market watch noting SOL’s drop below $100 alongside wider crypto volatility. Additional commentary from AMBCrypto pointed to SOL weakening despite strong January on-chain activity, suggesting price action has remained risk-off even with improved network metrics.
Contributing Factors (3)
Solana (SOL) Plunges Below $100, Bitcoin (BTC) Recovers From 15-Month Low: Market Watch
Meanwhile, HASH and HYPE have declined the most over the past 24 hours after charting impressive gains lately.
Solana wins January on-chain – So why did SOL still drop 20%?
With network dominance at record levels, the price contrast is unusual.
Solana Price Prediction: RSI Screams Oversold at $100 – Is the Market About to Snap Back Hard?
Momentum indicators suggest that the historical $100 launchpad level could still hold weight – this could be the moment Solana price predictions flip bullish. The post Solana Price Prediction: RSI Scr...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.