SOL Token Holds $140 Support Amid $73.9M Outflows and Market Volatility After U.S.-Iran Tensions
Solana (SOL) experienced a price decrease of approximately 2.08% over the past 24 hours, with the current price at $133.12 (Binance data). This decline is primarily attributed to heightened market volatility following recent U.S. military actions in Iran, which triggered significant liquidations and net outflows of $73.9 million from SOL. Despite these pressures, Solana has maintained its key $140 support level in recent days, reflecting resilience amid broader market uncertainty. Trading volume remains robust at $4.7 billion, and Solana continues to hold a top-10 market cap position with a circulating supply of 516.2 million SOL and a market capitalization of $66.6 billion. The asset remains active and closely watched as institutional interest and regulatory developments continue to shape its outlook.