📌 Quick Highlights — What happened with Solana recently.

$SOL dropped sharply from early-2025 highs — After reaching all-time highs in early 2025, Solana fell nearly 50%, from highs around ~$295 down to the ~$140–$150 range.

Failed breakout triggered strong sell-offs — $SOL tried to break above resistance near ~$158–$159, but repeated rejections led to heavy volume sell-offs and a price drop.

Institutional and macro pressure contributed — On a few occasions, big sell-offs came when institutions dumped positions, likely due to broader economic/market stress.

Temporary recoveries — but volatility remains high — Despite dips, $SOL has bounced a few times: e.g. from ~$142 back toward ~$147–$152.

Network activity & ecosystem usage weakening — Lower on-chain activity, reduced total value locked (TVL), and declining demand for DeFi/memecoin projects on Solana have added downward pressure.

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