2025-02-24 17:23:24

#SOL Why is the $SOL price falling 📉

Solana (SOL) has dropped more than 7% to $158.46, its lowest level since 2025, as investors prepare for the unlocking of 11.2 million SOL tokens by FTX on March 1. The cryptocurrency has fallen nearly 13% in the past week and over 35% in the past month, losing $10 billion in market value since February 24.
Solana's decentralized exchange (DEX) trading volume has also taken a hit, dropping by 36.7% in the past week. The upcoming token release has raised concerns about liquidity and price stability, which may further trigger a decline. However, some investors may see this decline as an opportunity to accumulate SOL.
In addition, the surge in bullish options trading on Solana derivatives on Deribit indicates that large investors are hedging further losses. Whether SOL can rebound depends on market demand and investor sentiment in the coming days.
$SOL
{spot}(SOLUSDT)
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SOL1.68%

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