Solana Crash Post-Mortem: 3 On-Chain Metrics Reveal the Damage

SOL

SOL/USDT

$120.00

+1.60%

$120.00

+1.60%

(24s)

24h Volume

$4,956,454,327.40

24h H/L

$122.94 / $117.90

Change: $5.04 (4.27%)

Long/Short

63.2%

Long: 63.2%Short: 36.8%

Funding Rate

-0.0068%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$120.02

▼ -1.74%

Volume (24h): -

Resistance Levels

Resistance 3$137.755

Resistance 2$124.2409

Resistance 1$120.5521

Price$120.02

Support 1$116.8807

Support 2$113.2367

Support 3$100.3657

Pivot (PP):$120.3167

Trend:Uptrend

RSI (14):66.0

BeInCrypto Editorial

(07:24 PM UTC)

1 min read

Updated byEmily Watson

0 comments

Solana (SOL) price fell about 17% over the past week, but the real damage sits beneath the chart. Capital left the ecosystem, long-term holders capitulated, and trading activity faded together.

The price drop was the surface. On-chain, three measures show the selloff ran deeper than a routine pullback, and they explain why the bounce off $60, the latest low, still looks fragile.