Solana activated rent reduction on September 3rd, cutting on-chain storage costs by approximately 90 %. This reform could make roughly 3.08 million SOL reclaimable, worth approximately $307 to $319 million. SOL rebounded from $99 to around $104, with short liquidations exceeding $12.2 million. However, Spot Netflow remained positive for three consecutive days, indicating persistent selling pressure that could weaken the $100 support level.
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