Home BlockchainSolana Drops to 2-Year Lows — History Suggests a Bounce Toward $100 is Incoming

Solana Drops to 2-Year Lows — History Suggests a Bounce Toward $100 is Incoming

by BeInCrypto
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Solana MVRV Ratio

Solana has spent recent sessions under heavy pressure, sliding to levels not seen in nearly two years. The sharp decline followed broader market weakness, dragging SOL well below prior support zones.

Despite the drawdown, early signs of stabilization are emerging. Historical patterns suggest Solana may be preparing for a recovery that could eventually carry the price back toward, and potentially beyond, the $100 mark.

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Solana Has Seen Similar Conditions Before

On-chain valuation…

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