Solana (SOL) previously rose to new yearly highs of $209 before price dipped
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The SOL price dipped for the second day in a row following Bitcoin's price drop at the start of the week. Bitcoin began to fall in the late hours in the U.S. on Monday, with Grayscale's GBTC seeing record withdrawals of more than $640 million. Major cryptocurrencies plummeted, with SOL down as much as 15%.
At the time of writing, SOL was down 13.33% in the last 24 hours to $177, albeit higher by 16% weekly.an impressive rally for Solana against Ethereum on March 13:"SOL/ETH is looking like a breakout after a perfect consolidation.SOL is likely to take the lead again soon."strength in its Ethereum pairing, posting a seven-day win streak that culminated in an all-time high of 0.059 ETH on March 18.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst.
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