Solana (SOL) Warning: More Crash Ahead?

Solana (SOL), once one of the hottest altcoins in the crypto space, has taken a sharp hit—dropping 15% in just one day amid global market panic.

And from what I’m seeing in the charts and current sentiment, more downside may be on the way.

Solana recently slipped below the $100 mark, a key psychological and technical level.

That’s a huge drop from its recent high of $290, which it reached just a few months back. So, what’s causing this steep decline?

Here are the main pressure points:

Large Token Unlocks: A significant number of SOL tokens have been unlocked, flooding the market and increasing supply.
Whale Sell-Offs: Big holders are taking profits or cutting losses by offloading their bags, putting downward pressure on the price.
Declining On-Chain Activity: Both user engagement and trading volume are dropping, a clear sign that market confidence is weakening.

Technical analysis suggests that support could emerge around the $88–$80 zone.

However, if market panic continues or more negative catalysts appear, even lower levels are possible.

This isn’t a panic post—it’s a reality check.

If you’re trading or investing in SOL, be cautious, manage risk, and watch key levels closely.

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