Solana is currently encountering a crucial support level at $130, particularly in light of the recent expansion of exchange-traded funds (ETFs) in the cryptocurrency market. This pivotal price point could play a significant role in determining the future price movements of Solana. Therefore, it is essential for traders to closely monitor various factors such as market sentiment, trading volume, and any developments related to the broader financial landscape, as these elements could influence Solana's price trajectory in the near term. Here are the key aspects that traders should pay attention to in the coming days and weeks.
source: https://blocknews.com/solana-faces-critical-support-at-130-as-etfs-expand-here-is-what-traders-must-watch/