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Solana Slides Below $177 As Geopolitical Tensions Hit Crypto Markets
HomeNews* Solana (SOL) fell below its recent $177 trading range due to renewed market pressure and global instability.
Support for SOL has so far held between $170.67 and $171.66, with prices making a brief recovery attempt toward $174 but meeting resistance. In the last hour tracked, the price declined from $172.93 to $172.00. At 08:00, SOL momentarily touched $171.92 before rebounding, with volume jumping to 29,372 units in a single minute, indicating strong trading interest.
Temporary support formed around $171.80 to $171.85 between 07:30 and 07:31. A local high of $172.35 was observed at 07:36 during a short-lived recovery before continued consolidation near the $172 level.
As the broader market absorbs the impact of global events, the Solana ecosystem is still expanding. The recent move by R3 to integrate with the Solana Blockchain points to ongoing institutional interest, particularly in applications involving the tokenization of real-world assets.
External links with further analysis and price predictions for SOL include: Solana (SOL) Price Flexes Bullish Momentum, Analysts Eye Major Breakout Beyond $250, Can Solana Break the $180 Resistance? Here’s What SOL price Will Be Worth in 2025!, and Solana MACD Curling Up – Is This The Prelude To A Breakout?.
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