Solana faces a challenging landscape with large-scale unstaking, declining social metrics, and a bearish market sentiment.
134,902 SOL and placed 135K SOL for sale via Jupiter Exchange. With mounting sell-side liquidity, can SOL absorb the pressure?A remaining 2.95 million SOL from the unstaked amount threatens further downward pressure on Solana’s price.Source: SantimentLack of support undermining SOL’s recovery
Since its all-time high of $270, SOL has failed to build consistent support, showing the impact of ongoing large-scale unstaking.Solana’s price faces pressure, with weak bullish momentum increasing its vulnerability to further declines.
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