Solana fell by 4.9% and fell below an important support level.

Volatile Movements in Solana

Solana (SOL) has recorded 336 million dollars in ETF inflows over the past week, yet it has decreased by 4.9%, falling to 153.49 dollars. This decline is drawing the attention of investors.

Meanwhile, Alameda Research has once again shorted 193,000 SOL tokens. The total value of these tokens is estimated to be around 30 million dollars.

Technical analyses indicate that falling below the 156 dollar support level has increased selling pressure. The key demand zone for investors is located at 152.80 dollars.