Solana (SOL) experienced a significant price drop on Binance, driven by factors such as broader market volatility, technical issues with the Solana network, and regulatory uncertainties. Additionally, competition from other high-performance blockchains and potential selling pressure from large holders contributed to the decline. This downturn reflects a mix of market sentiment and specific challenges facing Solana, impacting its value on major exchanges like Binance.#MarketIndicator #MarketDownturn #sol #rise?