Solana – History Repeats? Or a New Chapter Unfolding?
Solana (SOL) just went through one of its sharpest pullbacks in weeks, dropping after touching the $236 zone. This sudden dip triggered liquidations across the market, shaking out late entries and overleveraged traders.
But here’s the interesting part:
This is not the first time Solana has faced such volatility. Back in 2021, SOL had multiple 20–30% corrections on its way from under $50 all the way to $250+. Each time, weak hands left the market while long-term holders saw opportunity.
What’s happening now?
• Liquidity flushes cleared over $100M in leveraged positions.
• SOL is retesting key support zones where buyers previously stepped in.
• Network activity remains strong, with Solana still dominating in NFT volume and DeFi growth.
What could come next?
• If history repeats, these corrections could be the setup before the next leg higher.
• Eyes are on the $220–$225 range for support and $240–$250 as the breakout zone.
• Long-term momentum still looks intact as institutions and developers continue building on Solana.
The real question is:
👉 Is this just another healthy correction before SOL aims for $300+ again?
👉 Or is the market telling us to expect a longer consolidation phase?
What do you think — is Solana shaking out the weak hands or losing steam?
