Will Solana Price Crash Below $100? Traders Might Chose This Layer-2 Alternative 📉
Solana's price situation appears precarious. After maintaining the $121 support level for several weeks, Solana has now dipped below it. As of the latest figures, SOL is trading at approximately $114, marking a significant daily drop of over 9%.
This price decline is accompanied by a clear bearish momentum, raising concerns among traders and investors regarding Solana's immediate future. The possibility of further drops, potentially below the $100 mark, is causing traders to reassess their strategies and consider shifting attention to other Layer-2 alternatives.
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