Analyst Predicts Solana’s Price May Continue to Decline against Bitcoin

Joao Wedson, CEO of cryptocurrency analytics firm MakroVision, has warned that the SOL/BTC pairing is poised for further depreciation. He previously highlighted the Solana/Bitcoin pair’s weak performance and anticipated a distribution cycle. According to Wedson, this pattern aligns with historical trends seen in ETH/BTC, suggesting Bitcoin’s price fluctuations could trigger sharp declines in SOL/USD.