#solslides20%inamonth
📉 $SOL Slides 20% in a Month — Is the Bottom In?
Since late May, Solana has shed nearly 20% of its value amid a broad market meltdown — with $700M in liquidations across crypto after Bitcoin tumbled to $62K and the Nasdaq slipped 2%.
🔻 The Selloff:
Global risk‑off (Korea down hard, Nasdaq retreating)SOL caught in the altcoin downdraft as ETF flows remain BTC/ETH‑centric
🚀 But beneath the gloom:
💥Morgan Stanley filed for a spot Solana ETF at 0.14% — the lowest fee in the US market
💥Solana now dominates 95% of total tokenized equity volume (via Cointelegraph)
💥KOL Ansem calls: "SOL bottom is in — buying here with a 6‑month horizon is a steal" — drawing parallels to when SOL hit $8 back in 2023
🔥 The Thesis: SOL is being sold off with the market, not because of it. The infrastructure is strong, the ETF narrative is warming up, and tokenized assets are flocking to Solana.
👉 Whales accumulate while retail panics — or is the pain not over yet?
#solana #sol #crypto
📉 $SOL Slides 20% in a Month — Is the Bottom In?
Since late May, Solana has shed nearly 20% of its value amid a broad market meltdown — with $700M in liquidations across crypto after Bitcoin tumbled to $62K and the Nasdaq slipped 2%.
🔻 The Selloff:
Global risk‑off (Korea down hard, Nasdaq retreating)SOL caught in the altcoin downdraft as ETF flows remain BTC/ETH‑centric
🚀 But beneath the gloom:
💥Morgan Stanley filed for a spot Solana ETF at 0.14% — the lowest fee in the US market
💥Solana now dominates 95% of total tokenized equity volume (via Cointelegraph)
💥KOL Ansem calls: "SOL bottom is in — buying here with a 6‑month horizon is a steal" — drawing parallels to when SOL hit $8 back in 2023
🔥 The Thesis: SOL is being sold off with the market, not because of it. The infrastructure is strong, the ETF narrative is warming up, and tokenized assets are flocking to Solana.
👉 Whales accumulate while retail panics — or is the pain not over yet?
#solana #sol #crypto