Solana Falls 5.35% to $113 as Macro Pressures Test Bullish Structure
- —SOL fell 5.35% to $113.11 on volume 29% above the 30-day average
- —US Treasury yields hit their highest since 2007, Bitcoin dropped below $84,000
- —SOL trades 61.45% below its $293.41 all-time high but is up 57.13% over 90 days
- —SMA-7 at $112.68 is the first support, RSI at 60.6 keeps the bullish momentum intact
Why it matters: The drop is driven by macro factors rather than network issues, with Solana's tokenized RWA hitting a record $4.6 billion, supporting the medium-term bullish case.
Source: DiarioBitcoin