Overview
- SOL fell through the $146–$150 support, touched the low $140s and briefly slipped below $140, with CoinDesk flagging heavy volume during the breakdown.
- Roughly $69.84 million in positions were liquidated, largely from long traders, highlighting the impact of leverage on the decline.
- Spot Solana ETFs remain net positive with about $369 million in cumulative inflows, though the latest daily net addition of $1.49 million was the smallest since launch.
- Chart analysts point to resistance at $170–$177 for trend repair and warn of a potential head-and-shoulders neckline near $120–$125 after a multi‑month trendline break.
- Fundamentals show mixed signals as Solana leads recent DApp revenue and DEX volume while daily active addresses fell to a 12‑month low, and Cash App confirmed Solana USDC transfers for early 2026 with limited near‑term price effect.