SOL Maintains Liquidity Despite 2.8% Price Drop Due to U.S. Tariffs and Market Liquidations

Solana (SOL) is currently trading at $172.04, with a 24-hour open of $177.04 and a price change of -2.82%, while maintaining strong liquidity and a 24-hour trading volume of approximately $3.06–$3.16 billion; its market capitalization is around $88.84–$89.99 billion, and the circulating supply is about 516.2 million SOL. The recent price decline over the past 24 hours follows a broader decrease in futures open interest and trading volume, likely influenced by recent U.S. tariff announcements and liquidations across major cryptocurrencies, despite underlying bullish technical indicators such as a golden cross, increased on-chain activity, and substantial weekly gains.