The Solana blockchain's token, SOL, has been experiencing a decline in value recently, currently down 13.40% in the past month. A large whale investor has unstaked and deposited a significant amount of SOL on Binance, suggesting an intention to sell which may cause the price to drop further. Despite this, investors remain optimistic about SOL and are hopeful for the approval of a Solana exchange-traded fund (ETF) under the new Trump administration. Price analysis indicates both bullish and bearish indicators, with the possibility of a retest of $200 in the near future. However, the MACD indicator suggests a bearish divergence on the daily time frame.



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