Solana (SOL) Drops 8% in 24 Hours; Standard Chartered Maintains $500 Target by 2030

Solana (SOL) Drops 8% in 24 Hours; Standard Chartered Maintains $500 Target by 2030

Solana’s SOL sharp pullback contrasts with Standard Chartered’s late-May forecast calling for nearly 90% upside by the end of the year.

Solana (SOL) Drops 8% Amid Crypto Market Volatility, Tests Key Support Levels

Solanas SOL token dropped 7.87% in the last 24 hours, falling from $159.60 to a low of $142.13 before stabilizing at $147.07. The decline mirrors renewed volatility across the broader crypto market, with intraday selling pressure peaking late Thursday into early Friday. Despite short-term weakness, technical indicators show some accumulation near support, with volume spikes at 13:31 and 13:39 UTC suggesting buyer interest. SOL now trades nearly …