Solana (SOL) Is Checking Every Box Except One The Market Cares About

Solana price has struggled through most of 2025. SOL price now trades more than 40% below its January starting point, leaving the chart far weaker than many expected. That surface-level view creates an easy narrative as price underperforms. Analyst nxxn, known on X as @sol_nxxn, suggests that this reading misses what has been happening beneath