This Solana’s Code Points To A Rally To $253, But There’s A Catch

Solana (CRYPTO: SOL) is locked in a critical battle at the $186 support zone as nearly $400 million in outflows pressure the market, threatening to drag the token lower.

The selloff comes just as Andreessen Horowitz’s a16z crypto arm throws a $50 million lifeline into Solana staking giant Jito Foundation.

Solana Faces $186 Test As Flows Turn Negative

SOL Key Technical Levels (Source: TradingView)

Solana is under pressure after failing to sustain above $200, with the price hovering near $188 on Thursday. 

Charts show SOL retesting the lower …

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