Solana (SOL), a type of cryptocurrency, is having a tough time! Its price has dropped a lot recently, reaching its lowest point since last October. This is making some people worried.
- The price went down 15% in just one day!
- It's down even more over the past week and month.
- A big reason is a huge number of new Solana coins coming into circulation soon.
- Some big companies might sell their Solana coins, making the price go down further.
Fact | Number |
---|---|
Current Solana price | Around $135 |
One-day price drop | 15% |
Monthly price drop | 56% |
Upcoming SOL release | Over 11.2 million |
Possible future price drop | To $120 |
Experts aren't sure what will happen next. The price could go up a little short-term, but a big recovery needs the price to go above $160. Remember, this is just information; it's not financial advice!