Solana (SOL) Hits Lowest Level in 2.5 Years as $88 Million in Longs Get Liquidated

SOL

SOL/USDT

$103.41

+1.45%

$103.41

+1.45%

(24s)

24h Volume

$1,382,086,315.46

24h H/L

$103.43 / $101.08

Change: $2.35 (2.32%)

Long/Short

70.4%

Long: 70.4%Short: 29.6%

Funding Rate

+0.0003%

Longs pay

Data provided by COINOTAG DATALive data

Solana

Daily

$102.79

▲ 0.84%

Volume (24h): -

Resistance Levels

Resistance 3$124.3278

Resistance 2$110.60

Resistance 1$106.317

Price$102.79

Support 1$100.9733

Support 2$95.25

Support 3$91.3205

Pivot (PP):$102.31

Trend:Uptrend

RSI (14):64.3

BeInCrypto Editorial

(12:24 PM UTC)

1 min read

Verified bySarah Chen

0 comments

Solana (SOL) dropped to its lowest price since December 2023 this week, sliding toward $68 as more than $88 million in leveraged positions were wiped out across the market.

Long traders absorbed almost all of the damage. On-chain activity and social interest had been weakening for months before the breakdown, which suggests the selloff reflected fading demand rather than a single shock.