Solana (SOL), a popular cryptocurrency, has been going down in price lately! It's reached its lowest point since October. This means the value of SOL is lower than it has been in a while.
- Solana's price dropped to $138, a big decrease.
- Experts use tools to see if a cryptocurrency is very cheap (oversold) or very expensive. Solana is very oversold right now.
- Binance, a big cryptocurrency exchange, has been selling its Solana, which is making the price go down.
- A lot of new Solana coins are being released, which also makes the existing coins worth less.
- Solana's meme coins (fun coins like Dogecoin) have lost a lot of value too.
| Fact | Number |
|---|---|
| Lowest price since | October 11 |
| Price drop from highest this year | 53% |
| Current price | $138 |
| Possible future price | $100 |
| Binance sold (USD) | $38 million |
