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Solana

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<p>Amid the ongoing market uncertainty, the SOL price has failed to hold its value above its important support level. This has resulted in it experiencing a major price crash this month.</p><p>Evaluating the recent market movements, investors are curious with questions like “Why is Solana value dropping?” In this article, we have uncovered the possible market sentiments and short-term Solana Price Analysis just for you!</p><h2 class="wp-block-heading" id="h-sol-coin-price-on-the-verge-of-a-major-breakdown"><strong>SOL Coin Price On The Verge Of A Major Breakdown!</strong></h2><p>The price of Solana has lost 8.89% in 24 hours with a trading volume of $3.42 billion, a change of +152.86%. Moreover, this altcoin has erased 13.27% over the past week and 36.87% in 30 days. With a YTD return of -18.21%, this altcoin has a market cap of $77.056 billion.</p><figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2025/02/24170055/image-394-1024x571.png" alt="SOL Coin Price On The Verge Of A Major Breakdown!" class="wp-image-424039"></figure><p>The Simple Moving Average (SMA) constantly acts as a resistance to the Solana price chart. This suggests an increase in the selling-over-buying pressure for the altcoin in the cryptocurrency market.</p><p>Moreover, the RSI indicator records a steady decline toward the oversold range in the daily time frame. Furthermore, with its average trendline acting as a resistance to the price chart, the SOL coin price may continue recording a negative action in the upcoming time.</p><h2 class="wp-block-heading" id="h-will-solana-recover"><strong>Will Solana Recover?</strong></h2><p>Suppose, a trend reversal occurs, in that case, the SOL crypto price could retest its immediate resistance level of $181.50. Maintaining the price above that level could push the price toward its upper target price of $209.07 this Q1.</p><p>On the contrary, if the bears outrun the bulls, the SOL coin price may retest its important support level of $150. Furthermore, if the bearish sentiment intensifies, the price of Solana coil plunge toward its lower support level of $127.</p><p>Are you one of many who are planning on stacking this altcoin but are curious to explore the long-term prospects? Read CoinPedia’s latest <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" rel="noopener noreferrer nofollow">Solana Price Prediction</a> today to uncover the possible mysteries!</p><h2 class="wp-block-heading" id="h-faqs"><strong>FAQs</strong></h2><div class="schema-faq wp-block-yoast-faq-block"><div class="schema-faq-section" id="faq-question-1740396702570"><strong class="schema-faq-question"><strong>Why is Solana price crashing?</strong><br></strong><p class="schema-faq-answer">Amid the cool-off in the memecoin mania and rising uncertainty, the SOL token has experienced a nose-dip in its valuation.</p></div><div class="schema-faq-section" id="faq-question-1740396718339"><strong class="schema-faq-question"><strong>Will the SOL price ever go back up?</strong><br></strong><p class="schema-faq-answer">Considering the present market sentiments, the Solana price could continue losing value this week before attempting a bullish reversal.</p></div><div class="schema-faq-section" id="faq-question-1740396734681"><strong class="schema-faq-question"><strong>How much is Solana right now?</strong><br></strong><p class="schema-faq-answer">At the time of writing, the value of one SOL token was <strong>$156.82</strong>.</p></div><div class="schema-faq-section" id="faq-question-1740396749018"><strong class="schema-faq-question"><strong>How much will 1 Solana be worth in 2025?</strong><br></strong><p class="schema-faq-answer">The SOL price could surge to a maximum of <strong>$400</strong> by the end of 2025.</p></div></div>

Why Solana Is Going Down Today?

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