đš Solana Breaks Below $100 for First Time Since April 2025 đš
SOL just lost a major psychological level.
As of Feb 4, Solana is below $100, down 6% in 24 hours and ~20% from recent $126 highs as selling pressure accelerates.
đ Whatâs hitting SOL âą Broad market risk-off
âą ETF outflows
âą Memecoin hype cooling fast
âą Declining on-chain activity
đŹ Crypto Twitter reactions âą Bears calling $79⊠even $30
âą Bulls dreaming of $1,000 after $80
âą Phantom Wallet joins the fun, joking about using AI to âturn the red chart greenâ đ
đŠ Institutional view âą Standard Chartered cuts 2026 target to $250
âą But raises 2030 target to $2,000, betting on: â Stablecoin payments
â AI integrations
â Scalability actually delivering
đ Key zone âą $100 lost = confidence shaken
âą Next big test: $90 â $80 support
This feels like a sentiment reset moment for Solana â hype washed out, narratives questioned.
đ Capitulation before a monster bounce⊠or the start of a deeper unwind?