Solana's significant downturn has sparked discussions about the cryptocurrency's potential rebound towards the $190 mark. The current support level for SOL appears fragile, especially in the context of a broader recovery across the altcoin market. Analysts have highlighted increased network activity, which may impact Solana's price dynamics positively.
The vulnerability of Solana's support level could be a critical factor to watch as the market progresses. Understanding these onchain metrics and market trends is vital for predicting Solana's future movements in the crypto space.
