SOL Sees $1 Billion Capital Influx Amid 4% Dip, MetaMask Integration Spurs Ecosystem Growth

Solana (SOL) is currently trading at $170.88 with a 24-hour trading volume exceeding $3.1 billion, reflecting a 4.01% price decline over the past day and maintaining its position as a leading smart contract platform by market capitalization. The recent price drop aligns with broader crypto market volatility and follows substantial news, including a $1 billion capital raise aimed at SOL purchases, Standard Chartered's bullish year-end price target of $275, and increased ecosystem activity such as MetaMask's Solana integration and significant growth in total value locked. Despite strong weekly gains and ongoing bullish sentiment, the short-term pullback appears driven by profit-taking after recent rallies and resistance near the $172–$176 range, as well as broader market corrections.