Solana is at risk of a significant price drop, possibly falling below $100, if it fails to maintain an important support level. This situation arises amid broader crypto market downturns, with Bitcoin also nearing a crucial support of $60,000. These declines coincide with global uncertainties impacting both traditional and crypto markets.
The challenges for Solana are exacerbated by geopolitical tensions, affecting investor confidence in these volatile times. The crypto market's stability has become increasingly linked to global events, influencing price rallies negatively.
