Price Prediction
Solana predicted to stay below $107 as price drops 2%
Solana (SOL) fell 2% to about $102.01 on October 16, breaking below a rising trendline that had supported the uptrend since late August. The price is now under the 50‑day EMA at $107.07 and the 20‑day EMA at $111.00, with the 100‑day EMA $99.43 marked as the next support. Grayscale’s research head Zach Pandl said at Token2049 that crypto‑native traders are favoring revenue‑focused or privacy assets and overlooking core platforms like Solana. Solana processed roughly $4.4 billion in tokenized stock trading volume last month, with over 1.4 million holders and more than 2,000 tokenized equity products, according to Solana Sensei.