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solana price faces risks amid network update and market consolidation
Solana's price stabilized above $180 after a 15.7% decline amid broader market sell-offs, with concerns over a proposed lattice-based hashing system raising potential long-term risks. While buyers have stepped in to support the price, resistance at $200 may hinder upward momentum, keeping SOL trapped in a consolidation phase. A breakdown below $180 could lead to deeper losses, with critical support around $160.
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