The SOL token fell to $67.37 overnight on Sunday, its lowest level since late June, before rebounding near $70. Its 6.8% decline over 24 hours came amid macroeconomic pressure, extreme fear in the crypto market and $58.3 million in outflows from US Solana ETFs. Around $67 million in long positions were also liquidated. Despite this, 434.15 million SOL, representing 68.14% of the total supply, was locked in staking as of November 8, while the Breakpoint conference in London was expected to attract more than 8,000 attendees.
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