Solana price has recorded a heavy selloff today, falling near the $161 zone before witnessing a slight rebound. Notably, the SOL decline comes amid a broader crypto market retreat, with BTC and other top altcoins taking the biggest hits.
Both BTC and Ethereum prices were down around 3% while XRP, ADA, and DOGE were down between 4% and 8%.
Amid this, a renowned crypto market figure has highlighted key price zones for Solana crypto. The expert noted that losing key support might drag the price further lower to $150.
However, as Coinbase has extended its support for SOL, many are anticipating a quick rebound in the coming days.
