Solana's SOL Falls 8% as Traders Brace for Fallout From a Spike in Oil Price

Description

Solana (SOL) SOL is trading at $128.82, down 8.33% in the past 24 hours, after a steep intraday correction linked to rising geopolitical tensions. The token dropped from $140.39 to $127.25, with the sharpest hourly decline occurring at 13:00, when sell pressure spiked and trading volume exceeded 4 million, according to CoinDesk Research's technical analysis model. The market reaction followed confirmed reports of U.S. military strikes targeting Iranian nuclear sites, triggering widespread risk a...