Solana price is experiencing a 0.83% decline, currently trading at $155.44. This drop in price is attributed to significant selling from the Pump.fun fee account as well as a natural market pullback after a strong three-week rally.
The uncertainty lies in whether this bearish reversal will give sellers more control or if buyers are biding their time, waiting for an opportune dip to make their move.
The key focus is on how Pump.fun’s $18.9 million sale of SOL will influence Solana's market price, especially regarding the anticipated $200 breakout.
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