Solana is under a possible surrender with the low price of Sol to less than the first time scale since 2022

The Solana price has fallen from the main technical level for the first time since March 2022, indicating a possible decrease extending forward.

Solana price (Teller), Once the third largest symbol in the market formation, after ethereum (Eth) And Bitkeen (BTC), Less than the level of price achieved on March 11 for the first time in almost three years.

Data from Blockchain Glassnode He appears The Sol price is now 8 % less than the $ 134 price, which was last seen on March 9.

The achieved price is the average price that Solana The symbols were moved or purchased last time. When the price decreases below, it can indicate that many of their holders are underwater, which means that they have paid more for their symbols more than they deserve now.

The last time that Seoul fell to the technical level was in March 2022, when the price entered a multi -price chip, after recovering only from this level in November 2023. However, there were cases where the price decreased shortly from this scale, as in November 2020, when it decreased to less than 2 dollars, but then by February 2021, Glassnode data appears.

It is not clear how things will reveal this time, as Sol declines with the sale of the wide market. Data from Devilia also He appears The revenue of the fee from Solaa fell to about $ 420,000 a day, a 90 % decrease since January when Sol was traded at $ 250, which is likely to be a Memecoin.

In October 2023, Vanck Asset Management Company Propagate Solana can witness 10,000 % growth in value by 2030 if Blockchain attracts 100 million users. In various evaluation scenarios, Vaneck admitted a declining state, where Sol can trade about $ 9.81, although he also noticed that the upscale scenario could pay the price of Sol above $ 3,200 by 2030.