Solana (SOL) dropped to its lowest level since June after sustained bearish momentum and increased selling pressure across both short- and long-term holders. On-chain indicators such as LTH-NUPL and HODL wave data signalled declining holder conviction, while the four-hour Relative Strength Index stood near 36.80 and the Awesome Oscillator reached –5.84 . Technical structures pointed toward deeper downside unless support at $94.51 held, according to recent analysis.