🔥 Why has Solana (SOL) dropped? And what could happen next?
Since November, the price of Solana (SOL) has seen a continuous decline, worrying many investors. But not every drop signifies an “end” — often it is part of a market cycle.
📉 Why did SOL go down?
The increase in Bitcoin dominance put pressure on altcoins
The memecoin hype decreased, leading to a drop in activity within the Solana ecosystem
Token unlocks & profit taking increased selling pressure
Overall crypto market correction also impacted SOL
🧠 Is Solana finished?
No. Solana is still:
A fast & low-fee blockchain
Maintaining an active ecosystem in DeFi, NFTs, and gaming
Having a strong community of developers
It often happens that strong projects take a long time in the accumulation phase, then suddenly bounce back.
📊 What do smart investors look for?
Support zones instead of panic selling
Return of on-chain activity
Direction of Bitcoin
🚀 Conclusion
$SOL is currently under pressure, but there is recovery potential in the long term.
Patience is the greatest strategy in the market.
⚠️ This is not financial advice — always do your own research.
#Solana #SOL #Crypto #Altcoins #BinanceSquare
⚡ Short Version (if you also want to post a mini version)
SOL has been in a downtrend since November, but this is mostly due to the market cycle + cooldown of memecoin hype.
With strong fundamentals, Solana appears to be in the accumulation phase.
Patience > Panic.
