Solana (SOL) Drops Nearly 20% Amid Market Volatility – Trades at $136.54

March 4, 2025 – Solana (SOL) has seen a sharp decline, dropping nearly 20% in the last 24 hours as the broader cryptocurrency market experiences turbulence.

Key Market Data:

• Current Price: $136.54 (-19.80%)

• 24-Hour High: $170.57

• 24-Hour Low: $133.88

• Market Cap: ~$69.8 billion

• 24-Hour Trading Volume: ~$10.6 billion

What’s Behind the Drop?

The sharp decline in SOL’s price follows a broader market correction, with investors reacting to macroeconomic factors and recent developments in the crypto space. Despite the dip, traders are watching key support levels to determine whether Solana will bounce back or continue its downward trend.

What’s Next for Solana?

• Analysts suggest $130-$135 as a key support zone, with potential for a rebound if buying pressure increases.

• If SOL breaks below $130, further downside towards $120-$110 could be seen.

• A recovery above $150 could signal renewed bullish momentum.

📊 Live Solana Chart & More Details:

Check the latest SOL price on binance

⚠️ Disclaimer:

Cryptocurrency investments are highly volatile. This article is for informational purposes only and does not constitute financial advice. Always do your own research before investing. 🚀📉