$SOL
SOL trades at $82.25 as derivatives data shows weakening conviction while spot buying holds firm. SOL sits inside a descending channel on the 4 hour chart, and if it breaks out with enough force the solana price prediction sees $100 as the next target, a 25% move from current levels.
South Korea’s tax removal and Australia’s bill advance the global case, but the $40 billion market cap means even reaching $133 by year end as CoinCodex projects represents a 66% gain, not the kind of return that changes your financial situation.
Derivatives outflows of $103 million and a put to call ratio of 2.08 show institutions hedging rather than buying. The SOL forecast suits patient traders, but the presale at 100x from one listing delivers what chart patience cannot.