$SOL Market Performance and Potential

Recent Price Fluctuations: Analysis in April 2025 indicated that the price of $SOL had significant fluctuations due to market speculation, recently finding support in the 127-125 range, with a potential rebound above the 124 mark. Some opinions suggest it has a 10-fold growth potential, but market risks should be monitored.

ETF Mechanism: $SOL has accessed the futures ETF mechanism, becoming the underlying asset for the spot ETF, which provides it with broader liquidity, creating differentiated competition with traditional cryptocurrencies like Bitcoin and Ethereum.

2. Investment Risks and Case Warnings

Historical Volatility Risk: Early investors suffered significant losses due to severe price fluctuations. For example, a user bought $SOL at $245 and later fell into losses due to market adjustments, highlighting the need to be cautious of 'buying high risks'.

Technical Challenges Impact: Solana has faced multiple network outages (such as the 'hard fork' incident in September 2024), leading to damaged reputation and price declines; investors should be aware of the impact of technical stability on the project.