Solana (SOL) Price Prediction For September 23

• Solana price today trades near $223, testing wedge support after rejection at $252 and break below $236–$240.
• On-chain data shows $126.8M in net outflows on September 22, signaling whale selling pressure after strong YTD gains.
• Solana open interest dropped 10% to $15.19B as derivatives reset, while ETF optimism and upgrades provide long-term support.

Solana price today is trading near $223, down over 5% after failing to hold above the $236–$240 zone. The decline has put SOL back inside its rising wedge structure, raising questions about whether institutional optimism and ETF narratives can outweigh growing signs of weakening momentum.

Solana Price Tests Rising Wedge Support

The daily chart highlights SOL’s sharp rejection from $252, a level that aligns with the wedge resistance and the 61.8% Fibonacci…

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