Solana Price Prediction: Analyst Warns of $50 Drop As Morgan Stanley Files ETF Application

• Solana holds its multi-year trendline at $136, but analyst Ali Charts warns a break could trigger a drop to $50.
• Morgan Stanley filed for a Solana ETF with staking, joining the institutional wave that pushed SOL products past $1B in assets.
• Mobile token launch is set for January 21, allocating 20% of supply to users—a fundamental catalyst amid technical uncertainty.

Solana price today trades near $136 as the token tests a rising trendline that has supported price since 2024. The level has become critical as analyst Ali Charts warns a breakdown could send SOL toward $50, while institutional adoption accelerates with Morgan Stanley’s latest ETF filing.

Morgan Stanley Enters Solana ETF Race

Morgan Stanley filed applications this week for Bitcoin, Ether, and Solana exchange-traded funds, marking the firm’s first entry into crypto ETF products. The Solana fi…

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