Solana Traders Are Losing Faith As Price Risks Falling Below $200

Solana continues to struggle, shedding 15% over the past week with no signs of slowing its decline this weekend.   On-chain metrics indicate that futures market participants are also reducing their activity while short-term holders are increasingly offloading their positions. These signals suggest that Solana could face further losses, potentially testing the $200 mark in the coming sessions. Solana Faces Mounting Pressure SOL’s recent price decline coincides with a drop in its futures market open interest, highlighting falling market participation source: https://beincrypto.com/sol-price-nears-200-breakdown/