Solana fell by 0.7% in the last 24 hours, underperforming the overall cryptocurrency market (+0.46%). This decline coincides with SOL's downward trend over the last 7 days (-10.6%) and 30 days (-23.5%). These are the main factors:
Risk aversion across the market: extreme fear (F&G index: 16) and weekly ETF outflows of $1.8 billion hit altcoins the hardest.
Technical failure: SOL broke below the support of $145, triggering stop-losses.
Liquidity crisis: the depth of the altcoin order book remains 50% below pre-October crash levels
BNB
819.84
-1.60%
SOL
126.66
-1.41%