Hougan added that this narrative resonates strongly with investors who understand the scale of change such technologies could bring. Framing Solana as “the new Wall Street,” Hougan said the blockchain’s technical edge is resonating with market participants. In the final 60 minutes, from 13:11 to 14:10 UTC on Oct. 4, SOL broke below the established $228–$229 support zone. The single busiest minute occurred at 14:01, when 18,011 units traded — the highest one-minute reading of the session. This pattern of falling price alongside rising volume suggested larger sellers were active, potentially increasing the likelihood that bearish momentum continues.