Solana Token Suffers 11.46% Loss in Under Five Minutes

Solana's native token, SOL, experienced a sharp decline of 11.46% within five minutes on the Bitcoin World market, bringing its price down to $88.08.

The sudden move has drawn attention from traders and analysts, as rapid drops of this magnitude often signal heightened volatility or market-wide reactions.

At press time, SOL's trading volume had spiked, indicating active participation from both retail and institutional traders.

This move brings SOL to a level not seen in recent weeks, erasing gains accumulated over the past several sessions. The token had been trading in a range between $95 and $100, and the break below $90 marks a key psychological level that could trigger further downside if not reclaimed quickly.