Solana

World

Wormhole

Worldcoin

World ID

<ul class="wp-block-list">
 <li>The price found support at the $121 mark and has had a brief rebound ever since.</li>
 <li>At the time of writing, SOL is trading at $134.07, down 2.06% in the last 24 hours.</li>
</ul>
Using the cross-chain technology developed by the Wormhole Foundation, Worldcoin has announced the introduction of World ID integration for <a href="https://thenewscrypto.com/solana-whale-unstakes-106213-sol-major-dump-incoming-2/" target="_blank" rel="noopener noreferrer nofollow">Solana</a>. World ID now has even more possibilities for app developers thanks to the integration with Solana.
Founder Anatoly Yakovenko of Solana made an unexpected reference to Satoshi in a recent tweet, stating that Solana is a <a href="https://thenewscrypto.com/is-bitcoin-bull-run-on-the-horizon-as-btc-retraces-to-60k/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> L2 supported but not backed by Satoshi. Perhaps the Solana creator is alluding to a link between the two blockchains, or he is trying to say that Bitcoin is an inspiration for Solana’s architecture.
A “break-through moment” and a surge in users have occurred on the Solana network after the blockchain implemented liquid staking. Bybit, a prominent cryptocurrency exchange, recently released a report claiming that the liquid-staked SOL will attract large numbers of users and speed up the process of retail users joining the ecosystem.
<h3 class="wp-block-heading" id="h-bears-in-control">Bears in Control</h3>
There is mounting adverse sentiment for Solana (SOL), and the market activity suggests a possible drop. At the time of writing, SOL is trading at $134.07, down 2.06% in the last 24 hours as per data from CMC. Moreover, the trading volume is down by 4.47%.&nbsp;
The price found support at the $121 mark and has had a brief rebound ever since. However, the price failed to clear above the $140 mark recently and has been facing bearish pressure.
In the near future, we may see Solana prices rise to the $159 to $163 region if they manage to break over the $140 barrier and stay there. This would likely indicate the beginning of a bullish trend. Conversely, if the price falls below $129 level, then it will likely retest $121 support level. Breaking below this level, will likely see price testing $110 support level.

Solana Faces Bearish Pressure as Price Fails to Clear Above $140 Mark

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