Impending 15% Decline in Solana (SOL) Price - What to Expect
Institutions Take a Break From Solana
Solana (SOL) is losing the support of institutional investors, leading to a likely price decline. Substantial outflows have been recorded in recent weeks, signaling a bearish outlook for the altcoin.
Solana Institutional Flows
Nearly $5.6 million pulled out by institutions, impacting SOL's price negatively. Retail investors may struggle to prevent a further decline in SOL's value.
SOL Price Prediction: Another 15% Decline on the Cards?
SOL's price is expected to drop by 15%, potentially falling to $160 due to weakening institutional backing. Breaking past the $200 resistance level could present a bullish scenario for the altcoin.
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