Solana Price Drops 4.9% Breaking Key Support Level Amid Alameda Unlocks

Solana (SOL) experienced a significant 4.9% price decline, breaking below crucial support levels as Alameda Research continues its token unlock schedule. The ongoing unlocks from the Alameda estate are creating sustained selling pressure in the market. This technical breakdown suggests potential further downside for SOL price unless buyers can reclaim the lost support zone. Market analysts are closely monitoring the situation as the continuous unlocking process could maintain bearish momentum in the near term.