SOLANA PRICE COULD DROP 20%, ANALYST WARNS OF POSSIBLE CRASH
Crypto analyst Alan Santana predicts Solana (SOL) may face a 20% price drop, potentially returning to levels from early August. Despite strong growth this year, SOL has had a mixed performance lately, rising 3% in the past 24 hours but down 7% for the week. After hitting $160.91 on September 29, it's dropped 10% overall.
Santana notes that Solana tends to see rallies followed by corrections, and expects SOL could fall to $121 from its current $144. However, recent gains and increased activity in Solana's DeFi ecosystem suggest this prediction might not hold, with some analysts expecting SOL to reach $186 instead.
