Solana (SOL) is currently navigating a challenging environment as the broader crypto market experiences a cooldown. After an impressive run earlier this year, momentum has slowed significantly, and SOL is struggling to reclaim the $160 level with conviction. The lack of strong demand has been evident in recent sessions, as buying pressure fades and volume remains low across major altcoins.
Despite this cooling phase, many investors remain optimistic. A growing number of market participants believe Solana could lead the next altseason once conditions stabilize and liquidity returns to the market. Historically, SOL has shown the ability to recover rapidly and outperform in bullish phases, making it one of the top contenders for explosive upside when sentiment shifts.
However, in the short term, caution prevails. Top analyst Carl Runefelt has highlighted a key technical development, noting that Solana might be on the verge of breaking a horizontal support zone. This event cou
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