October ended with a mixed bag for Solana’s SOL price. After a brief attempt to climb above $240, the coin faced a market-wide pullback at the end of the month, resulting in a roughly 6% drop that brought it back towards support near $180. Despite this selloff, Solana continues to attract significant institutional interest with the recent launch of its U.S.-listed ETF seeing impressive opening-day trading volume exceeding $56 million and Western Union’s move towards a Solana-based stablecoin furthering real-world adoption. 2023’s macroeconomic uncertainties continue to contribute to high volatility as we enter November. This is a pivotal moment for SOL, as the market anticipates its price action.