Solana Holds $80 as Goldman Exit, Token Sales Weigh on Price

Solana (SOL) held the low-$80 range on Saturday ET as a cluster of selling signals—from institutional positioning to on-chain treasury flows—kept pressure on the layer-1 token after it failed to sustain May’s rally above $95.

According to CoinMarketCap data cited in the report, SOL traded at $81.83 in the morning hours Saturday ET, down 1.23% over 24 hours. Losses widened to 3.35% over the past week, while the token slipped 1.96% over the last 30 days. Solana’s market capitalization hovered around $47.3 billion, keeping it ranked seventh among cryptocurrencies by market cap.

The immediate…  Read more

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