Bitcoin

Solana Could Tank To $80 Says Top Expert As Coin Release This Saturday Pushes Investors To Panshibi (SHIBI) For Bigger Rewards

Solana’s been riding a rollercoaster and the Sol news is not painting a pretty picture these days. As of February 25, 2025, SOL’s hovering around $143, a steep drop from its January peak of $256. 

This tumble’s got folks on edge, especially with a chunky 11.2 million token unlock hitting this Saturday – about $1.6 billion worth at current rates. 

The ecosystem isn’t faring much better. Solana’s total value locked (TVL) stands at over – a remarkable 548% increase over the past year – yet recent scandals have tarnished its reputation. 

The LIBRA meme coin debacle, a pump-and-dump scheme that saw insiders profit while retail investors suffered, has fueled distrust. 

On-chain investigator ZachXBT has even linked some Solana memecoin scams to the Lazarus Group, suspected perpetrators of the Bybit hack. 

Despite a year of uninterrupted uptime, celebrated by Helius Labs CEO Mert Mumtaz on February 6, these setbacks have cast a shadow over Solana’s high-performance blockchain. 

Analysts see a death cross forming on the daily chart, a bearish signal that could push SOL toward that dreaded $80 mark if support at $150 fails. Top Solana investors are now fully focused on risk management strategies. 

Many are questioning whether SOL’s price will stabilize or continue its descent towards the $80 threshold. Analysts argue however that investing in Panshibi is a better bet for traders.

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