$SOL SOL declined 4.24% in the past 24 hours, falling from a peak of $158.54 to $148.68 before stabilizing just below $150, according to CoinDesk Research's technical analysis model.

A major sell-off occurred during late U.S. hours, with volume exceeding 2.7 million as price broke below $155 support.

On Monday, Cantor Fitzgerald initiated coverage on three SOL-holding firms, noting Solana’s technical advantages and developer growth compared to Ethereum. Solana's SOL

$150.35

fell 4.24% over the past 24 hours to trade at $149.46, retreating from a high of $158.54 following a sharp overnight sell-off. Trading volume surged as SOL broke below $155 support late Monday, with the price eventually bottoming at $148.68 before entering a choppy consolidation around the $150 mark.

Despite the short-term pressure, some institutional investors remain optimistic about Solana’s long-term positioning. On Monday, Cantor Fitzgerald launched coverage of three public companies — DeFi Development Corp (DFDV), Sol Strategies (HODL), and Upexi (UPXI) — that hold SOL as a treasury asset. The firm assigned all three “overweight” ratings and emphasized Solana’s technical strength.#Write2Earn