$SOL
🚨Technical and Structural Challenges🚨
Solana faces ongoing concerns about MEV (maximum extractable value) issues. Dan Robinson, a researcher at Paradigm, has identified MEV as Solana’s “biggest problem.”
The network’s high throughput comes with trade-offs regarding validator incentives. Validators can increase earnings by reordering transactions, which enables sandwich attacks and front-running practices that harm regular traders.
Looking at immediate price levels, SOL faces resistance near $169-170 with the main resistance at $180. On the downside, initial support sits at $162 with major support at $160.
A break below $160 could send the price toward $155, and further weakness might target the $142 support level. Conversely, a successful break above $180 could open the path toward $185 and potentially $200.
Current market conditions show SOL trading at $162.06 with bearish technical indicators suggesting further downside risk in the near term.