Solana (SOL) dropped to its lowest price since December 2023, falling toward $68 after over $88 million in long positions were liquidated in a single day. The selloff reflects weakening demand, as active addresses and social interest have steadily declined since February. The weekly chart confirms bearish momentum with price breaking key support levels and volume decreasing, signaling thin conviction behind rallies. Recovery depends on renewed network usage and spot demand to ease selling pressure.
Solana's price fell sharply below the $70 support level to $66, marking its lowest point since December 2023. This drop triggered widespread panic selling across both spot and futures markets, with significant liquidations totaling $83 million, mostl...
Bitcoin briefly dropped to $61,300 before recovering to around $62,500, triggering $3 billion in liquidations over two days. Derivatives markets show strong bearish sentiment, with increased put option activity at the $60,000 strike and rising implie...
Solana's price has dropped to its weekly lower Bollinger Band near $67, signaling strong selling pressure and a potential oversold condition. Analysts highlight a critical support zone between $58 and $67, which could trigger a rebound if held. One a...
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 i...
Hyperliquid's HYPE token briefly traded above Solana's SOL, hitting an all-time high near $75.40 while SOL dropped to its lowest since 2023. Despite Solana's larger market cap, Hyperliquid's growth in derivatives trading and institutional interest is...
