Solana fell about 1.6% to $116.95 on Sept. 29 after approaching $125 over the weekend, extending a second consecutive day of losses after a September recovery from below $100. The token broke below an ascending trendline near $120-$121, making that area resistance, while $115-$118 is the immediate support zone; a deeper breakdown could expose $100-$105 and later $90-$80. Technical analyst Jesse Peralta said SOL needs to build a base above $100 before a stronger advance, while market analyst Sweep expects a short-term correction before a possible move toward $150. SOL long positions on Bitfinex rose to about 84,398 contracts. Network liquidity remained firm, with Solana's stablecoin market capitalization reaching a record above $17 billion after rising more than 5% in seven days and adding over $800 million. Solana-focused ETFs accumulated 2.32 million SOL worth about $278 million over two weeks, taking combined holdings to $2.283 billion and accounting for 46% of trading activity in the altcoin spot ETF sector. A 500,000-SOL transfer to Binance on Sept. 26 produced only a 0.3% daily decline before SOL gained 0.4% the next day. Global money supply reached $103.66 trillion in August after major central banks injected about $1 trillion, extending its monthly rise to 10 months.