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Solana price hits 52-week low amid $1.66B crypto liquidations and ETF outflows.

Technical Signals
04 Jun 2026
Crypto news
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Bearish
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Solana's price dropped to a 52-week low of $66.6, down 27% in a month and nearly 74% from its 2025 peak, driven by a sharp crypto market sell-off and $1.66 billion in liquidations, mostly from long positions. U.S. spot Solana ETFs saw $12.7 million in outflows, marking the first net redemption day since May, reflecting reduced investor appetite for risk. Technical indicators remain bearish, with key support levels broken, and analysts warn Solana may retest lower price zones before any recovery. Continued ETF outflows and further Bitcoin declines could push Solana lower, while a rebound would require reclaiming previous support levels around $76.6 and overcoming resistance near $82-$84.

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