Solana is under pressure, and a $2 billion token unlock isn’t making things any easier. With a flood of new tokens set to hit the market, analysts warn that SOL could drop to $120—or even lower if selling pressure ramps up.
Some are even eyeing $90 as a possible bottom if buyers don’t step in soon. Without a strong catalyst, Solana could be in for a rough ride.
We’ll also take a look at PlutoChain ($PLUTO), a hybrid Layer-2 project that could tackle Bitcoin’s scalability challenges.
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Solana Price Prediction: Could SOL Drop to $90 as $2B Unlock Shakes the Market?
Solana is in a tough spot, and things could get worse. A $2 billion token unlock is on the horizon, and traders are bracing for a potential sell-off.
Right now, $120 is the key support level, but if the selling pressure gets out of hand, SOL could sink to $90. With that much new supply hitting the market, a sharp drop isn’t out of the question.
Unless something big sparks new demand, Solana’s short-term outlook isn’t looking great. Analysts are watching closely to see if buyers step in or if SOL keeps sliding.
