Price: $81.60, down 3.5% today, 15% in 7 days, and 30% since September (when it was $124).
SOL fell sharply because U.S. inflation rose, ETFs saw $53 million in outflows over 5 days, and China canceled a Solana event in Shanghai.
But the network is still running smoothly: *106 million transactions per day*, DTCC will connect to Solana in 2027, and Breakpoint will start on November 15 in London.
Summary:
SOL is now at $80. RSI has reached 23, meaning it's deeply oversold.
If it holds above 80*, it'll return to *85 - 90.
If it breaks below 80*, it'll drop to *72 - 76.
SOL isn't dead; it's just undergoing a strong correction, and whoever is accumulating now is buying in a cheap zone$SOL
SOL
77.58
-4.74%