币界网报道：Solana's native token SOL plunged over 15% in 24 hours, dropping below $137 amid a broader crypto market downturn. The sharp decline comes despite Solana's recent strong performance, having surged over 700% since January 2023. Analysts attribute the correction to profit-taking after SOL's remarkable rally and cooling enthusiasm around meme coins that had driven activity on Solana's blockchain. On-chain data shows some investors are averaging down their positions around the $137.50 level, suggesting confidence in Solana's long-term prospects. The network continues to see robust developer activity and institutional interest, with VanEck recently filing for a Solana ETF in the U.S. Market watchers note SOL's price action remains closely tied to Bitcoin's movements, with the current pullback mirroring BTC's retreat from its all-time high.