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Solana drops below key supports amid crypto market selloff despite ecosystem growth.

Market News
10 Jun 2026
Tokenpost
View Source
Bearish
pluang ai news

Solana (SOL) fell below major support levels, trading around $64.25, down over 4% in 24 hours and 32% monthly, reflecting broader crypto market weakness and risk-off sentiment. Despite strong ecosystem developments and $1.45 billion in ETF inflows, SOL's price decline mirrors overall market deleveraging and liquidations rather than Solana-specific issues. Analysts highlight key resistance levels at $84, $97, and $116 for potential recovery, while long-term outlooks vary widely. Solana's network fundamentals remain strong, but past reliability concerns still affect investor confidence amid ongoing volatility.

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