Solana (SOL) price, a layer-1 blockchain network token, is currently locked in a consolidation pattern, reflecting the broader market’s sluggish momentum. Despite minimal movement, subtle signs hint at a potential upward trend for the coin. SOL recently rebounded, coinciding with the U.S. election today, sparking renewed hope for gains this November. However, the market’s outlook remains cautious, especially as a recent sell-off by major holders suggests a possible shift in sentiment.