Solana Turns Bearish as Binance Hack Keeps SOL Below $100
Crypto traders are in a cautious mood this week, and few large coins show it as clearly as Solana. SOL has stayed below $100 for a week since the Binance hack and has lost about a fifth of its value this month.
The stakes are rising ahead of Breakpoint in London, Solana's biggest yearly conference. For now, the price sits near the bottom of its recent range, and any Solana price prediction hinges on whether buyers step in soon.
Traders who weigh that setup also watch early-stage projects. One of them is MEMASA ($MEMASA), an upcoming AI crypto trading app that combines conversational trading, market intelligence, self-custody, and an analyst marketplace.
Solana Price Prediction: Binance Hack and ETF Outflows Weigh on SOL
SOL briefly slipped below $90 on Kraken on Tuesday, its lowest level in more than a month, a cryptoticker.io analysis shows.
The trouble started with the Binance hack late last month, which included stolen SOL and pushed the coin under $100.
SOL has not reclaimed that level since, as traders worry the hacker could dump the stolen tokens on the market. Fund investors pulled back as well, with US spot Solana ETFs posting their largest weekly outflow since launch at the end of October.
That leaves Breakpoint, the first UK edition of the conference, as the next catalyst later this month. Still, the publication sees the event as an unreliable driver and expects SOL to drift sideways until it begins.
Support Near $84 Comes Into Focus as Momentum Fades
SOL now trades near $96, and the past month has cut its value by about a fifth.
For any near-term Solana price prediction, the key floor sits near $84, the nearest strong support.
On the upside, sellers are likely to defend resistance near $115, well above the current range.
Technical indicators lean bearish, so a break below that floor could open the way toward $73.
MEMASA Launches AI Trading App for Smarter Crypto Decisions
MEMASA is an upcoming AI-powered crypto trading app that lets people research, buy, and sell cryptocurrencies by chatting with an AI assistant.
Instead of studying complicated charts, tracking hundreds of tokens, or switching between trading platforms, users will be able to ask MEMASA questions in plain language.
For example: "Can SOL hold its support before Breakpoint London?" MEMASA will analyze market indicators, trading activity, and sentiment to explain what the available data suggests.
MEMASA tackles problems almost every on-chain trader knows: too many charts, too much noise, scam tokens, and endless switching between apps.
It brings market analysis, risk checks, and trading into one AI-powered chat. That gives MEMASA a real shot at attracting a wide audience, from crypto newcomers to seasoned traders.
MEMASA is preparing for launch, so anyone wishing to can join a waitlist for early access to the app.
Bearish Solana Price Prediction vs. $MEMASA’s Pre-Listing Upside
SOL and $MEMASA are in different leagues: Solana is a large blockchain coin whose price now depends on ETF flows and hack-related selling pressure, while $MEMASA is a utility token powering the MEMASA trading ecosystem. Its proposed role is directly connected to how people use the app.
$MEMASA will support several functions:
-
Premium AI intelligence: Access to advanced market analysis and trading insights.
-
Trading fee discounts: Reduced fees for eligible platform activity.
-
Analyst and agent staking: Analysts and AI agents stake $MEMASA to list their strategies and signals.
-
Marketplace payments: Transactions involving intelligence services and trading strategies.
-
Curation and contributor rewards: Incentives for participants who contribute useful signals and help curate the ecosystem.
Fixed Supply and Early Access to $MEMASA
Unlike SOL, which has no maximum supply and continues issuing new coins, $MEMASA has a fixed token supply, offered at $0.0155 per token in the current sale stage. The token structure also includes long-term team vesting and transparent unlock schedules.
MEMASA is offering an on-chain early sale, giving participants early access to $MEMASA before broader market availability. The earlier stages offer lower token prices, while later stages provide faster unlocks.
SOL has already seen its biggest rallies and may struggle to repeat them. MEMASA is preparing for launch, with its on-chain early sale offering tokens below the anticipated market price.
However, future returns will depend on successful app development, user adoption, and demand for $MEMASA. Higher potential also comes with higher risk.
Access Early Stage of $MEMASA On-chain Sale
The Road Ahead for SOL and MEMASA
Solana heads into Breakpoint with weak momentum and a hack overhang. Buyers need to defend support near $84, while a push back above $100 would be the first sign of relief.
The conference could lift sentiment, but past editions offered mixed results, so ETF flows may matter more in the weeks ahead.
MEMASA faces a different test, as it needas to turn an AI trading concept into an app people use every day. Both outcomes remain uncertain, and higher potential comes with higher risk.
