Solana’s Price Plummets: Will Coinbase Offer Relief?

Solana (SOL) experienced a significant price drop today, falling near the $161 mark before showing some slight recovery. This decline aligns with a broader downturn in the cryptocurrency market as Bitcoin and other top altcoins saw substantial losses. While Ethereum prices dropped by about 3%, XRP, ADA, and Dogecoin fell between 4% to 8%. Notably, a prominent figure in the crypto market has highlighted key price points for Solana, warning of a potential fall to $150 if support levels are breached. 💰 📉 However, Coinbase’s recent expansion of its SOL and XRP futures offering is seen as a potential catalyst for recovery. 🤝