Solana at $200 Crossroads: Breakout or Reversal Looms After Two-Week Standoff
Solana has held near $200 for two weeks, repeatedly rejected despite rising token supply in profit and over $300 million in exchange inflows. Data from Glassnode show the share of profitable SOL tokens jumped to 70% within two days. A drop below $192 could lead to a slide toward $183 or $175, while a confirmed breakout may shift market sentiment quickly.