SOL sinks to April 2025 lows as Bitcoin, AI stocks and metals unwind

💡 DMK Insight

SOL’s drop to $100.48 is alarming, but it might not be all doom and gloom. This price point marks a significant low not seen since April 2025, raising concerns among traders about potential further declines. However, the price-to-fundamentals gap suggests that SOL could be undervalued relative to its underlying technology and ecosystem. With Solana’s strong developer activity and growing adoption, there’s a chance for a rebound if broader market conditions stabilize. Keep an eye on macroeconomic indicators, as SOL’s performance is closely tied to trends in the crypto market and traditional finance. On the flip side, if SOL fails to hold above this key level, we could see increased selling pressure. Traders should monitor the $95 support level closely; a breach could trigger a wave of stop-loss orders, exacerbating the decline. Watch for any news or developments that could shift sentiment, as they could provide a catalyst for a turnaround.