Solana price at $108.21 as a $201 million buyback hangs on the $100 level: what to check now

The Solana price stands at $108.21 on Tuesday morning, around 3.4 percent below its level 24 hours earlier. The number alone explains little. More important is a condition that has been sitting in a corporate announcement since Sunday evening: US company SkyAI intends to buy back its own shares for up to $201 million, and under that announcement the offer holds only as long as the SOL closing price stays above $100 for the entire period. The buyback is funded by selling Solana.