Solana Price Dips to October Lows Amid Token Release Pressure
Solana faces significant sell pressure, causing its price to drop to levels not seen since November. Investors are reacting to an imminent unlock of 11.2 million SOL tokens set to occur. This situation raises concerns about market stability as selling continues. Keeping track of Solana’s price movements will be crucial for traders navigating these conditions. Understanding the causes behind Solana’s decline will help in making informed decisions during this downturn.