Solana (SOL) has experienced a decline in its price and network activity following controversies surrounding Solana-based meme coins. The token has dropped by 9.3% in the last 24 hours to its lowest level since mid-December. This decline has been further compounded by broader market panic. Despite the volatility, an AI-powered prediction tool forecasts a modest decline in SOL's price over the coming weeks. However, contrasting AI models provide different outlooks, with one predicting a potential rally and the other foreseeing a decline. Solana is also set to undergo a major token unlock event, which could put selling pressure on SOL if demand does not absorb the increased supply. All eyes are on whether Solana can recover or face further downside pressure in the near future.
Content Editor ( finbold.com )
- 2025-02-18
AI predicts Solana price for March 1, 2025
