Why Solana plunged 9% just as Wall Street funds circled $2.25 billion

Solana dropped to $186 in the early hours of Aug. 26, erasing 9% despite strong activity across its ecosystem. Data from Binance showed that SOLUSDT saw intraday lows around $185 before recovering toward $188-$189. SOL rallied from $180 on Aug. 21 to a local peak above $213 on Aug. 25, followed by a swift rejection. The post Why Solana plunged 9% just as Wall Street funds circled $2.25 billion appeared first on CryptoSlate.