Solana (SOL) Price Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?

Lookonchain pointed out that the last two months of November have not been good for SOL. Although the reasons seem obvious – early November 2021 was the epic peak of the entire cryptocurrency market and November 2022 included the collapse of FTX – Lookonchain noted that the Solana Breakpoint conference, an annual gathering for l he ecosystem, is an early November event (this year’s version is currently taking place in Amsterdam) and coincided with record local prices.