📉 Reasons for the decline of SOL:
1. General market decline
— Bitcoin can drag the entire market down. When it corrects, altcoins typically fall harder.
2. Profit taking
— After a strong rise in 2024–2025 (from <$10 to $150+), many investors began to take profits, especially large funds.
3. Network congestion and outages
— Solana often faces issues with congestion or outages. Even short downtimes or slowdowns raise doubts among traders.
4. Regulatory risks
— Threats from the SEC or rumors of SOL being recognized as a security can scare investors and trigger sell-offs.
5. Memecoins and speculation
— A surge of interest in memecoins on Solana (WIF, BONK, etc.) often leads to "overheating." When the hype subsided, a correction began.
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💬 And now the question:
Is this the end? Or an opportunity to enter at a discount?
Many analysts believe:
📌 $SOL in the accumulation zone
📌 Possible rebound upon BTC stabilization
📌 Long-term — Solana remains one of Ethereum's main competitors