Solana’s $195 Lifeline: Can Bulls Turn This Dip Into a $250+ Comeback Rally?
Solana’s price has dropped to around $186–$195 after peaking above $250 in early October, testing a key support zone. Nearly $400 million in SOL left exchanges in recent days, signaling heavy profit-taking and reduced liquidity. Andreessen Horowitz invested $50 million in a Solana staking firm, while Forward Industries raised $1.65 billion to buy SOL. Analysts see $186–$195 as critical; failure to hold could send SOL toward $172 or lower.