Solana analysis: SOL price unlikely to break $150 for now

Solana struggles with recovery due to weakening network activity, a declining TVL, and negative ETF flows, as a classic chart pattern targets $100.

SOL’s (SOL) recent recovery stalled at $145 as Solana ETF flows flipped negative for the first time since launch.

Key takeaways:

Solana TVL drops 20% in November, with a 16% decline in network fees, signaling weak network demand.

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