Solana price was temporarily reduced to $100

Dec 29, 2023
The Solana (SOL) token price fell by almost 6% in the last 24 hours on Thursday and reached the $98 mark. At the time of this article publication, SOL has compensated for losses and is trading now at price $106.
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Over the past three days, long positions with leverage in the amount of about $32 million have been liquidated. This was due to the fact that trading platforms forcibly closed deals due to insufficient margins.

Against the background of the rollback of SOL, the native token of BNB Smart Chain (BNB) increased in price by 9% and regained fourth place in the global ranking of cryptocurrencies by market capitalization. In turn, the BONK and WIF meme tokens after rapid growth at the beginning of the month fell in price by more than 50%.