It looks like the current price situation for the Solana coin is not going well because the current price is in a downtrend. You can see that in the last one week, the price has come down from 117 to 104. From this price point, it looks like the journey towards $100 is not far away. Probably, this is because market sentiment is down. I hope that the situation in the market does not stay like this for a very long time. I believe that, because we are in the last quarter of the year, generally the last quarter is considered a good time for the crypto market. I hope this year also it happens!

Having a look at the chart book and giving you how Solana coin is doing in the market, I have to say that it is not great. Maybe this can also be an opportunity for the people who are new to the market and want to get invested in Solana. This is the kind of situation that encourages a lot of people to enter when they compare the price of the coin with what they have right now or what they are going to get. Or maybe the comparison is with historical prices, because for Solana, we have seen amazing growth in the price.

This is the reason why I believe that a kind of correction in the market is highly necessary, where a lot of new people get the opportunity to enter the market. This is much needed for any market to get stronger and get more new money into it.

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