Institutional inflows of $336 million fail to offset selling pressure as SOL falls to $153 amid fresh token releases.
Solana Drops 4.9% Breaking Below Key Support as Alameda Unlocks Continue
Institutional inflows of $336 million fail to offset selling pressure as SOL falls to $153 amid fresh token releases.
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The token has established a robust support zone at $277-$280, while rising demand for DeFi borrowing and Aave's dominant role in the sector point to future gains.
In an X post, a respected pseudonymous crypto analyst said he bought a HYPE spot position under $34 and would "load up" closer to $28 amid a market downtrend.
The double top pattern typically requires confirmation through a decisive drop below the "neckline," the support level between the two peaks, which lies around $80,000 to $84,000 based on recent
The breach of the $2.50 level triggered significant trading activity, with a 158% increase in volume.