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Benzinga
Benzinga
Business
Parshwa Turakhiya

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

SOL Solana Crypto Andreessen Horowitz CoinGlass
Solana,Logo,And,Coin,With,Shiny,Elements

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.

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