Solana's price continued its downward trajectory, hitting a low of $79 on Friday, significantly below its all-time high of $295. This decline persists despite the network's impressive growth metrics, including a 54% increase in monthly transactions, nearing 3 billion, and substantial ETF inflows. Solana's network has outpaced other blockchains like Ethereum and BNB in transaction volume and active addresses. The blockchain's ecosystem has expanded, with stablecoin supply reaching $17.1 billion and decentralized exchange transactions surpassing $128 billion in the last 30 days. Despite these positive developments, technical analysis indicates a bearish trend for Solana, with the price breaking below key support levels and forming a head-and-shoulders pattern. The Relative Strength Index (RSI) suggests oversold conditions, while the Average Directional Index (ADX) indicates accelerating downtrend momentum, pointing to a potential further decline to $50.